SME Times is powered by   
Search News
Just in:   • Sensex, Nifty touch record highs on foreign, local cues  • Workers of small, locally-owned firms show more loyalty  • Government considering changes to Companies Act  • Agra-Lucknow expressway's foundation laid, to be done in 22 mths  • Telecom bodies seek LG's support to provide better service in Delhi 
Last updated: 27 Sep, 2014  

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

BSE.9.Down.jpg
   Top Stories
» Govt ready to face winter session, beginning Monday
» Moderate growth in manufacturing sector in Q3 likely: FICCI
» Modi govt completes 6 mths: Economy waiting for action trigger
» PM to meet SAARC leaders again in Kathmandu summit
» Global entrepreneurship summit boost for SMEs
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
61.90
60.90
UK Pound
99.50
97.30
Euro
78.00
76.15
Japanese Yen 54.65 53.40
As on 24 Nov, 2014
  Daily Poll
Do you agree that exports decline in October is an alarming situation?
 Yes
 No
 Can't Say
  Commented Stories
» Govt. approves subsidy for 2,221 cold storages(24)
» History of Lok Sabha elections(4)
» Govt schemes - are they reaching SMEs(3)
» Govt ready to face winter session, beginning Monday(2)
» Starting an import export business: Basic guide for beginners(2)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter