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MARKETS ON FRIDAY: Sensex ends below 35,000; metal, pharma stocks drag

Markets dropped on Friday tracking global markets, as metal and pharma stocks pulled down the indices.

Topics
Bse  |  Sensex  |  Nse

SI Reporter  |  New Delhi 

Benchmark indices dropped on Friday tracking global markets, while metal and pharma stocks pulled down the indices ahead of elections in the key state of Karnataka. The S&P BSE Sensex ended at 34,915, down 188 points while the broader Nifty50 index settled at 10,618, down 61 points. Among sectoral indices, the Nifty Metal index was trading over 1% lower led by a fall in shares of Hindustan Zinc and Hindalco. The Nifty IT index, too, was down led by a fall in shares of Mindtree and Wipro. Among the FMCG counters, ITC, Emami, GSK Consumer slipped over 2% on the NSE.  Pharma ...

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MARKETS ON FRIDAY: Sensex ends below 35,000; metal, pharma stocks drag

Nifty Metal index fell 1.07%. Top losers: COMPANY LATEST PREV CLOSE LOSS() LOSS(%) NATL. ALUMINIUM 78.35 80.45 -2.10 -2.61 WELSPUN CORP 140.25 144.00 -3.75 -2.60 COAL INDIA 271.30 276.95 -5.65 -2.04 HIND.ZINC 303.50 309.45 -5.95 -1.92 VEDANTA 281.65 286.20 -4.55 -1.59

MARKETS ON FRIDAY: Sensex ends below 35,000; metal, pharma stocks drag

Nifty Pharma index ends 1.66% lower. Top losers: COMPANY LATEST PREV CLOSE LOSS() LOSS(%) SUN PHARMA.INDS. 517.85 536.00 -18.15 -3.39 CIPLA 597.00 609.30 -12.30 -2.02 GLENMARK PHARMA. 535.35 542.50 -7.15 -1.32 PIRAMAL ENTERP. 2495.00 2527.95 -32.95 -1.30 CADILA HEALTH. 389.10 393.80 -4.70 -1.19

MARKETS ON FRIDAY: Sensex ends below 35,000; metal, pharma stocks drag

Sectoral Trend

MARKETS ON FRIDAY: Sensex ends below 35,000; metal, pharma stocks drag

BSE Sensex: Adani Ports, Hindustan Unilever top gainers of the day, Sun Pharma top loser

MARKETS ON FRIDAY: Sensex ends below 35,000; metal, pharma stocks drag

Market at close   The S&P BSE Sensex ended at 34,915, down 188 points while the broader Nifty50 index settled at 10,618, down 61 points.

MARKETS ON FRIDAY: Sensex ends below 35,000; metal, pharma stocks drag

$2.7 bn shaved off PC Jeweller m-cap after promoter gifts shares to family   An Indian jeweller that saw its market worth reach $3.6 billion at the start of the year is now floundering at about a quarter of that value after one of its founders gifted some shares to family members, raising concern about the company’s governance.   PC Jeweller Ltd. slumped by about half after the company said last week that one of its founders P.C. Gupta made the gifts through off-market transactions. The stock has plunged 75 per cent from a record on January 19, taking its market capitalization to Rs 58.3 billion ($873 million). It climbed 21 per cent to Rs 146.85 as of 12.31 p.m. in Mumbai on Friday. READ MORE

MARKETS ON FRIDAY: Sensex ends below 35,000; metal, pharma stocks drag

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MARKETS ON FRIDAY: Sensex ends below 35,000; metal, pharma stocks drag

GST MEET GST council approves ownership change of GSTN structure. 51% held by private entities to be taken over by Govt. Central and state Govt to hold 50 each. 

MARKETS ON FRIDAY: Sensex ends below 35,000; metal, pharma stocks drag

GST MEET IMPACT: SUGAR STOCKS FALL COMPANY LATEST PREV CLOSE LOSS() LOSS(%) VOLUME EID PARRY 267.90 272.05 -4.15 -1.53 9419 BAJAJ HINDUSTHAN 8.50 8.57 -0.07 -0.82 330669 SH.RENUKA SUGAR 15.50 15.60 -0.10 -0.64 157326

MARKETS ON FRIDAY: Sensex ends below 35,000; metal, pharma stocks drag

Godrej Properties Q4 net more than doubles to Rs 1.41 mn on robust sales   Realty firm Godrej Properties on Friday reported over two-fold jump in its consolidated net profit at Rs 1.41 billion for the January-March quarter of last financial year on higher sales.   Its net profit stood at Rs 625.9 million in the year-ago period, the company said in a filing to the BSE. READ MORE EARNINGS IMPACT  

MARKETS ON FRIDAY: Sensex ends below 35,000; metal, pharma stocks drag

MARKET CHECK Index Current Pt. Change % Change   S&P BSE SENSEX 34,911.11 -192.03 -0.55   S&P BSE SENSEX 50 11,121.02 -57.47 -0.51   S&P BSE SENSEX Next 50 33,866.71 -176.94 -0.52   S&P BSE 100 10,998.73 -56.92 -0.51   S&P BSE Bharat 22 Index 3,547.87 -34.19 -0.95 (Source: BSE)

First Published: Fri, May 04 2018. 15:30 IST
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MARKETS ON FRIDAY: Sensex ends below 35,000; metal, pharma stocks drag

Markets dropped on Friday tracking global markets, as metal and pharma stocks pulled down the indices.

Benchmark indices dropped on Friday tracking global markets, while metal and pharma stocks pulled down the indices ahead of elections in the key state of Karnataka. The S&P BSE Sensex ended at 34,915, down 188 points while the broader Nifty50 index settled at 10,618, down 61 points. Among sectoral indices, the Nifty Metal index was trading over 1% lower led by a fall in shares of Hindustan Zinc and Hindalco. The Nifty IT index, too, was down led by a fall in shares of Mindtree and Wipro. Among the FMCG counters, ITC, Emami, GSK Consumer slipped over 2% on the NSE.  Pharma ...

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