SME Times is powered by   
Search News
Just in:   • MobiKwik, Walmart announce exclusive partnership  • Sensex gains 165 points in early trade  • Aviation sector grew 14 pc in last decade: Minister  • Fiat Chrysler Automobilies launches Abarth brand  • Honda introduces five new motorcycles 
Last updated: 27 Sep, 2014  

BSEnew.Thmb.jpg Sensex falls 110 pts; banking, oil and gas stocks slump

BSE.9.Down.jpg
   Top Stories
» Mixed reaction from India Inc on RBI move
» EU, India to take stock of FTA negotiations
» RBI awaits rate-cuts by commercial lenders
» 'India to produce at least dozen billionaires among start-ups by 2020'
» Two trains derail at same spot in MP, bogies fall into river
SME Times News Bureau | 31 Jan, 2013
A benchmark index for Indian equities markets fell 110 points Thursday due to profit-booking in banking, oil and gas and auto stocks, even as January derivatives expired.

The 30-scrip Sensitive Index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the negative at 19,987.28 points, ended the day at 19,894.98, down 0.55 percent or 110.02 points from its previous day close at 20,005 points.

The Sensex touched a high of 20,008.83 points and low of 19,865.72 points in the intra-day. The expiry of January derivatives kept the markets volatile towards the end of the session.

The wider 50-scrip S&P CNX Nifty of the National Stock Exchange (NSE) closed 0.35 percent or 21 points down at 6,034.75 points.

There was profit-booking in banking stocks, which had risen sharply this week due to rate cut by the Reserve Bank of India (RBI).

Banking index of the BSE dropped 0.42 percent. Oil and gas index declined 0.42 percent, IT index fell 0.26 percent and auto index declined by 0.11 percent.

The country's largest lender ICICI Bank slumped 1.93 percent at Rs.1190.85 after rising by 6.5 percent in the previous day.

Other major Sensex losers were Tata Power, down 2.17 percent at Rs.101.20; HDFC Bank, down 1.87 percent at Rs.643.40; Bharti Airtel, down 1.52 percent at Rs.339.40; and RIL, down 1.39 percent at Rs.886.55.

Only 11 of the 30 Sensex scrips closed in the positive terrain. BHEL, up 2.36 percent at Rs.227.70; Sun Pharma, up 1.33 percent at Rs.718.25; Hero MotoCorp, up 1.31 percent at Rs.1823.40; and ITC, up 1.25 percent at Rs.307.40 were among the major Sensex gainers.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
64.10
63.10
UK Pound
100.50
98.25
Euro
70.35
68.60
Japanese Yen 51.95 50.80
As on 05 Aug, 2015
  Daily Poll
Will market regulator's plan to simplify start-ups' listing help SMEs?
 Yes
 No
 Can't say
  Commented Stories
» Tight credit: MSMEs in dire need of a solution(14)
» Entrepreneurial suicides - what about them?(5)
» PMEGP to assist entrepreneurs financially: Dinesh Rai(4)
» India will see rapid growth in e-commerce, m-commerce this year: Flipkart(2)
» Collateral free loans available for MSMEs: Minister(2)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter