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Indian equities subdued; banking, IT stocks top drag

8:39 pm September 5, 2019

Mumbai: Indian equities gave up early gains to settle lower on Thursday due to sell-offs mainly in banking stocks after the Reserve Bank directed banks to link interest rates on all new loans with external benchmarks. Losses on the indices, however, were restricted by emergence of buying in stocks of somewhat relieved auto sector after […]

Sensex tumbles over 289 pts; bank, auto stocks drag

7:05 pm July 30, 2019

Mumbai: The benchmark Sensex on Tuesday fell over 289.13 points to close at 37,397.24 due to heavy selling mainly in banking, auto and oil & gas stocks as tepid corporate earnings and auto sector woes weighed on investors’ sentiment. Besides, sustained foreign fund outflows continued to spook domestic equity market. The 50-share NSE Nifty too […]

Sensex, Nifty log 4th straight loss; financials drag

7:02 pm July 23, 2019

Mumbai: Benchmark indices Sensex and Nifty closed lower for a fourth straight session on Tuesday, dragged by losses mainly in financial counters amid concerns over tepid corporate earnings. After trading in the green for a better part of the session, the 30-share BSE Sensex ended 48.39 points, or 0.13 per cent, lower at 37,982.74 due […]

Sensex plummets 793 pts on Budget woes, global selloff

6:26 pm July 8, 2019

Mumbai: Domestic equity benchmark BSE Sensex plummeted 793 points Monday to extend losses for a second straight session, dragged by losses in index major HDFC Bank, L&T and Bajaj Finance, amid Union Budget overhang and heavy selloff in global equities. After plunging over 907 points during the day, the 30-share index settled 792.82 points or […]

Sensex rises over 150 pts; Nifty above 11,800

10:42 am June 26, 2019

Mumbai: Domestic equity benchmark BSE Sensex rose over 150 points in early trade Wednesday tracking gains in index heavyweights ICICI Bank, L&T and RIL, amid heavy foreign fund inflow. After swinging over 200 points within the first 15 minutes of trade, the 30-share index pared opening losses to trade 111.08 points, or 0.28 per cent, […]