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MARKET WRAP: Sensex plunges 560 pts; sees third biggest fall in 2019

In the broader market, S&P BSE MidCap closed 285 points, or 2 per cent, lower at 14,078 level while the S&P BSE SmallCap slipped 248 points, or 1.83 per cent, at 13,310 levels.

SI Reporter New Delhi
markets

2 min read Last Updated : Jul 19 2019 | 3:49 PM IST

3:37 PM

Sectoral losers and gainers on the NSE

3:36 PM

Top losers and gainers on the S&P BSE Sensex

3:34 PM

CLOSING BELL

The S&P BSE Sensex plunged 560 points or 1.44 per cent to settle at 38,337 levels while NSE's Nifty50 index ended at 11,419, down 178 points or 1.53 per cent. 

3:22 PM

RBL Bank tumbles nearly 14% post Q1 nos as lender signals challenges ahead

Shares of RBL Bank tanked as much as 13.75 per cent in the afternoon session on Friday after releasing June quarter results for the financial year 2019-20 (FY20). The lender reported healthy set of numbers for the period under review but said it expects to face some challenges on some of its exposures in the near term.
Reacting to it, investor sentiment took a hit, thus dragging the stock nearly 14 per cent lower during the trade. READ MORE

3:19 PM

MARKET CHECK | Nifty at 2-month low

3:11 PM

Market check

3:10 PM

Market check

3:10 PM

MARKET ALERT | Nifty Bank trades below 30,000 mark for the first time in two months

3:05 PM

MARKET CHECK

2:48 PM

Nifty Bank trades below 30,000 for the first time in two months

2:42 PM

NEWS ALERT | Nifty slips below 11,450, trades at 2-month low

2:28 PM

NEWS ALERT | MCA calls for urgent need to probe role of rating cos in various fraud cases: Govt sources to CNBC

-- SFIO probing role of rating agencies in recent fraud cases

2:27 PM

Nifty Auto hits three-year low; Analysts see more pain ahead

An analysis of past 20 years’ demand cycles done by Edelweiss Securities indicates that the auto sector is currently in the middle of a down cycle. Volume recovery, they say, is unlikely to be as sharp as in the past, unless there is strong fiscal support.

“The current slowdown is different from previous ones. First, it’s driven by domestic factors rather than global events; second, there is stiff competition from growing organised pre-owned vehicles market; third, the slowdown is characterised by significantly higher margin pressure; and is led by prohibitive jump in vehicle cost,” wrote Chirag Shah and Jay Mehta of Edelweiss in a recent report. READ MORE

2:25 PM

Sharp fall in RBL Bank

2:22 PM

Market check | Sensex crashes over 500 pts

Topics :MARKET WRAP

First Published: Jul 19 2019 | 7:17 AM IST