SME Times is powered by   
Search News
Just in:   • Industry hails schemes for electronics manufacturing  • Chennai Petroleum writes down inventory of Rs 1,456 cr  • Masks, social distancing and no large gatherings: SOPs for malls  • Mumbai revs back to life in lockdown 5.0  • US stocks end mixed following disappointing data 
Last updated: 28 May, 2019  

BSE.9.thmb.jpg Sensex closes slightly higher as poll euphoria fades

Bse.9..jpg
   Top Stories
» Industry hails schemes for electronics manufacturing
» Amid pandemic, no new scheme funding likely in FY21
» 6 times growth in IoT patents last 5 years
» RBI creates of Payments Infrastructure Development Fund
» 'Need to attract FDI in lending institutions to push MSMEs'
SME Times News Bureau | 28 May, 2019
The benchmark Sensex closed just 66 points in the green after moving within a narrow range on Tuesday, as poll euphoria appears to be fading.

The Sensex closed 66.44 points, or 0.17 per cent higher than its previous close, at 39,749.73, after moving in the narrow range of 39,828.65 and 39,498.65. The Nifty too ended near-flat, up by just 4 points, or 0.03 per cent, at 11,928.75.

"Now that euphoria over the general election results is over, the market is waiting for signals of directional move," said Romesh Tiwari, Head of Research, CapitalAim.

Supported by foreign fund inflows, the Indian rupee also closed slightly higher at Rs 69.69 to a US dollar.

"Today, there were no major triggers on the global as well domestic fronts and hence, we had a flat to positive start tad above the 11,950 mark," said Angel Broking Chief Analyst (Technical and Derivatives) Sameet Chavan.

Dewan Housing Finance Corporation Ltd stocks on Tuesday fell nearly 7 per cent on reports that its promoter-directors have received a look out notice in connection financial fraud.

The company, however, denied it, saying that "its promoter-directors have not received any communication from the authorities regarding issuance of any look-out notice."

Manpasand Beverages hit the lower circuit breaker again on Tuesday for the second consecutive day, plunging by 20 pet cent, or Rs 17.60, to Rs 70.40 over their MD and CFO's arrests on charges of GST fraud.

The trading in a particular stock and even an index is halted by the exchanges when it hits a lower or upper circuit breaker.

Zee Media surged by 6.36 per cent closing at the top of the Nifty50 stocks.
 
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
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 06 Jun, 2020
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
» Goa to reopen tourism sector: CM(1)
» 86% workers globally demand new skills training from employers: Survey(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter