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Sensex tanks over 450 points, Nifty finishes below 11,000-mark

7:03 pm August 1, 2019

Mumbai: Equity benchmark BSE Sensex tumbled 463 points while the NSE Nifty closed below the key 11,000-mark on Thursday amid heavy selling in metal, banking and tech stocks. Lacklustre economic data, unabated foreign fund outflows and disappointing quarterly earnings also dented market sentiment, traders said. After a weak opening, the 30-share BSE Sensex plunged more […]

Sensex, Nifty start on a cautious note

12:34 pm June 24, 2019

Mumbai: Domestic equity benchmarks BSE Sensex and NSE Nifty started on a cautious note Monday amid weak cues from other Asian markets and rising crude prices. The 30-share index was trading 50.59 points, or 0.13 per cent, higher at 39,245.08 at 0930 hours. Similarly, the broader NSE Nifty was quoting 5.55 points, or 0.05 per […]

Sensex succumbs to fag-end sell-off; logs weekly losses

5:47 pm June 14, 2019

Mumbai: The BSE Sensex stayed on the back foot for the third straight session Friday as investors dialled down equity exposure amid high valuations and a fresh spell of uncertainty in the global markets. After a subdued opening, the benchmark faced sudden selling pressure in the last half-hour of trade to close at 39,452.07, down […]

Sensex slumps 289 pts; bank stocks drag

5:35 pm June 14, 2019

Mumbai: Extending its losses for the third straight session, benchmark BSE Sensex slumped 289 points Friday, dragged by banking stocks amid weak cues from global markets. After cracking nearly 400 points during the day, the BSE gauge settled 289.29 points, or 0.73 per cent, lower at 39,452.07. The index hit an intra-day low of 39,363.45 […]

Ericsson considering new clauses to avoid RCom like situations

1:10 pm May 30, 2019

New Delhi: Swedish telecom gear maker Ericsson is considering tweaking provisions in business deals to avoid situations like those it is facing with Reliance Communications. The company sued RCom and its promoter Anil Ambani to recover dues of about Rs 1,500 crore, of which it managed to receive only Rs 550 crore. “We think fairness […]

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