Business Standard

Indian shares fall for the 4th day banks, autos down

Related News

skidded 1.4 per cent to their lowest close in more than three weeks on Tuesday, extending a slide into a fourth session, as sluggish corporate earnings and stubbornly high inflation dented investor confidence.

The closed down 1.38 per cent at 16,882.67 points, its lowest close since October 21. Twenty-seven of its components ended lower.

The benchmark has been one of the world's worst performers in the year to date, falling 17.7 per cent on slowing outlook for growth.

Financials, auto and took a beating amid concerns of slowing growth, while drugmaker bucked the trend and climbed on better-than-expected quarterly results late on Monday.

The 50-share closed down 1.55 per cent at 5,068.50 points.

Read more on:   
|
|
|
|

Indian shares fall for the 4th day banks, autos down

Indian shares skidded 1.4 per cent to their lowest close in more than three weeks on Tuesday, extending a slide into a fourth session, as sluggish corporate earnings and stubbornly high inflation dented investor confidence.

skidded 1.4 per cent to their lowest close in more than three weeks on Tuesday, extending a slide into a fourth session, as sluggish corporate earnings and stubbornly high inflation dented investor confidence.

The closed down 1.38 per cent at 16,882.67 points, its lowest close since October 21. Twenty-seven of its components ended lower.

The benchmark has been one of the world's worst performers in the year to date, falling 17.7 per cent on slowing outlook for growth.

Financials, auto and took a beating amid concerns of slowing growth, while drugmaker bucked the trend and climbed on better-than-expected quarterly results late on Monday.

The 50-share closed down 1.55 per cent at 5,068.50 points.

image

Read More

Bank of India shares fall intra-day on freak trade speculation

Shares of Bank of India today fell nearly 8% for a brief period on the National Stock Exchange during afternoon trade on speculation of freak trades, ...

Recommended for you

Advertisements

Quick Links

Market News

MM Auto Industries withdraws IPO application

Firm is the third to pull out of an IPO this year, the other two being Videocon D2H and CL Educate

Piramal lends Rs 225 cr to Ahmedabad developer

Land was bought for Rs 389 cr, wherein Ganesh Housing brought in Rs 189 cr and Piramal brought in Rs 200 cr

Sensex, Nifty trading flat; broader markets outshine

Both the BSE Midcap and Smallcap indices, up 0.5% each have performed better than the front-liners

Sugar sheds 0.44% on higher supply

However, scattered demand from bulk consumers due to summer season, limits the fall

Mustardseed futures weaken on profit-booking, low demand

May, June contracts shed 1% as traders exit on lower offtake in spot market

 

Back to Top