You are here: Home » Markets » News
Business Standard

MARKETS ON MONDAY: Sensex ends 232 pts lower; Realty, pharma, metals drag

This was the fifth consecutive session of losses for the markets. PSU bank stocks, however, bucked the trend

SI Reporter  |  New Delhi 

The markets ended lower for the fifth straight session on Monday, following the resignation of the Bharatiya Janata Party's (BJP's) B S Yeddyurappa in the Karnataka Assembly despite positive global cues. The S&P BSE Sensex ended at 34,616, down 232 points while the broader Nifty50 index settled at 10,517, down 80 points. B S Yeddyurappa’s third chief ministerial stint lasted all of 55 hours, and his resignation on Saturday evening came as a shot in the arm for an Opposition struggling to mount a united challenge to the Narendra Modi-led Bharatiya Janata Party (BJP) ...

MONTHLY STAR

Business Standard Digital

Business Standard Digital Monthly Subscription
149.00  
subscribe
Complete access to the premium product
Convenient – Pay as you go
Pay using Credit Cards and select Debit Cards (Issued by ICICI Bank only)
Auto renewed (subject to your card issuer’s permission)
Cancel any time in the future
Requires personal information

What you get?

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all the content on any device through browser or app.
  • Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.
  • 18 years of archival data.
  • Requires you to share personal information like date of birth, income, location amongst other fields. This information alongwith your contact information will be shared with the partners associated with this program, who contribute towards subsidizing the offer. By subscribing to this product you acknowledge and accept that our Partners may choose to contact you with offers of their products and services.
  • This is an optional offer - Not comfortable with sharing personal data - please opt for the full price offer which requires you to share minimal information

NOTE :

  • The product is a monthly auto renewal product.
  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the email with the cancellation request to assist@bsmail.in. Include your contact number for speedy action. Requests mailed to any other ID will not be acknowledged or actioned upon.

SMART MONTHLY

BS Digital + FREE Monthly access to The Wall Street Journal online

Business Standard Digital - 1 Month + FREE 1 Month access to
The Wall Street Journal online*
199.00
subscribe
FREE across device access to The Wall Street Journal online*
Convenient – Pay as you go
Pay using Credit Cards and select Debit Cards (Issued by ICICI Bank only)
Auto renewed (subject to your card issuer’s permission)
Cancel any time in the future
Exclusive invite to select Business Standard events.

What you get

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all content on any device through browser or app.
  • Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.
  • 18 years of archival data.

ON THE wall street journal online

  • Seamless access to The Wall Street Journal online on any device with your Business Standard Digital account.
  • Experience the best of WSJ’s reporting, video and interactive features (More business executives read the journal globally than any other publication).
  • Get WSJ’s take on people and events shaping business, finance, technology, politics and culture.
  • Get WSJ newsletters in your inbox to make life easier on your busiest days.
  • Your access to The Wall Street Journal online is subject to you not being an existing user of The Wall Street Journal online. Existing users include current or past Premium Users of The Wall Street Journal online. If you happen to be one, your subscription will be valid for Business Standard Digital only without any change in the subscription price.

NOTE :

  • This product is a monthly auto renewal product.
  • If you have been a past Free/Registered User of The Wall Street Journal online - You will not be eligible for the seamless account creation on The Wall Street Journal online facility. Kindly  email us your non-confidential password on The Wall Street Journal online to enable us activate your access from the backend.
  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the mail with the request to assist@bsmail.in. Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon.

SMART ANNUAL

BS Digital + Free 12 Month Access to The Wall Street Journal online

Business Standard Digital - 12 Months + FREE 12 Months access to The Wall Street Journal online*
1999.00
subscribe
Get 12 months of The Wall Street Journal online worth Rs 17165 FREE*
Single Seamless Sign-up to Business Standard Digital and The Wall Street Journal online
Convenient - Once a year payment
Pay using Credit or Debit Card
Exclusive Invite to select Business Standard events

What you get

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all content on any device through browser or app.
  • Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
  • Pick your 5 favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.
  • 18 years of archival data.

ON THE wall street journal online

  • Seamless access to The Wall Street Journal online on any device with your Business Standard Digital account.
  • Experience the best of WSJ's reporting, video and interactive features (More business executives read the journal globally than any other publication).
  • Get WSJ's take on people and events shaping business, finance, technology, politics and culture.
  • Get WSJ newsletters in your inbox to make life easier on your busiest days.
  • Your access to The Wall Street Journal online is subject to you not being an existing user of The Wall Street Journal online. Existing users include current or past Premium Users of The Wall Street Journal online. If you happen to be one, your subscription will be valid for Business Standard Digital only without any change in the subscription price.

NOTE :

  • Saving calculated at the current WSJ price - US $ 1 for the first 3 months and US $ 28.99 thereafter Conversion scale 1 US$ = 65.04 INR
  • If you have been a past Free/Registered User of The Wall Street Journal online - You will not be eligible for the seamless account creation on The Wall Street Journal online facility. Kindly  email us your non-confidential password on The Wall Street Journal online to enable us activate your access from the backend.
  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the mail with the request to assist@bsmail.in. Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon.

SMART ANNUAL

Business Standard Digital

Business Standard Digital - 12 Months
1999.00
subscribe
Pay as you go
Payment though credit card only
Auto renewed (Subject to your card issuer's permission)
Exclusive invite to select Business Standard events
Cancel any time in the future

What you get

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all content on any device through browser or app.
  • Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
  • Pick your 5 favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.
  • 18 years of archival data.

NOTE :

  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the mail with the request to  assist@bsmail.in Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon.
MARKETS ON MONDAY: Sensex ends 232 pts lower; Realty, pharma, metals drag

Nifty Realty index cracks 3.29%. Top losers: COMPANY LATEST PREV CLOSE LOSS() LOSS(%) INDBULL.REALEST. 185.20 205.70 -20.50 -9.97 H D I L 26.25 28.30 -2.05 -7.24 UNITECH 4.40 4.60 -0.20 -4.35 BRIGADE ENTERPR. 240.85 251.25 -10.40 -4.14 GODREJ PROPERT. 747.55 776.90 -29.35 -3.78

MARKETS ON MONDAY: Sensex ends 232 pts lower; Realty, pharma, metals drag

Nifty PSU Bank index ends 2.66% up. Top gainers: COMPANY LATEST PREV CLOSE GAIN() GAIN(%) BANK OF INDIA 97.95 93.45 4.50 4.82 PUNJAB NATL.BANK 78.15 74.75 3.40 4.55 UNION BANK (I) 86.95 83.25 3.70 4.44 CANARA BANK 245.65 235.70 9.95 4.22 SYNDICATE BANK 44.55 43.30 1.25 2.89

MARKETS ON MONDAY: Sensex ends 232 pts lower; Realty, pharma, metals drag

Nifty sectoral performers of the day

MARKETS ON MONDAY: Sensex ends 232 pts lower; Realty, pharma, metals drag

BSE Sensex: SBI, ICICI Bank among top gainers, Dr. Reddy top loser of the day

MARKETS ON MONDAY: Sensex ends 232 pts lower; Realty, pharma, metals drag

Market at close   The S&P BSE Sensex ended at 34,616, down 232 points while the broader Nifty50 index settled at 10,517, down 80 points.

MARKETS ON MONDAY: Sensex ends 232 pts lower; Realty, pharma, metals drag

Midcap, Smallcap shares under pressure; 111 stocks hit 52-week low Shares of midcap and smallcap companies were under pressure with 111 stocks hitting their respective 52-week lows as these indices have fallen more than 1% on Monday. Adani Power, Ajanta Pharma, Castrol India, CRISIL, Federal Bank, Glenmark Pharmaceuticals, IDFC Bank, LIC Housing Finance and Vakrangee from the midcap index hit 52-week lows today. READ MORE  

MARKETS ON MONDAY: Sensex ends 232 pts lower; Realty, pharma, metals drag

Emkay Global on Untratech Cement - Century Textiles deal There could be synergies from: a) common procurement of raw material (RM), b) brand building as UTCEM’s brand commands a premium of Rs10-15/bag over CTIL in most markets and c) reduction in overheads - marketing, finance etc. Ultratech (UTCEM) expects the cost of acquired assets to be almost similar to UTCEM within one year of the acquisition. In the near term, we are cautious on the cement sector due to fight for capacity share and deterioration in pricing power. UTCEM remains one of our preferred picks in the sector. We retain ACCUMULATE rating with a target price of Rs4,279 

MARKETS ON MONDAY: Sensex ends 232 pts lower; Realty, pharma, metals drag

D-Mart falls 11% in two days on promoter R K Damani upto 1% stake sale plan Shares of Avenue Supermarts - the operators of retail chain D-Mart, have fallen 6% to Rs 1,338 per share, extending their 5% drop on the BSE on Friday after the company announced that promoter R K Damani would pare his stake to comply with the shareholding norms.   D-Mart lost Rs 93.21 billion market-cap in past two days from Rs 933.10 billion on Thursday, May 17, 2018 to Rs 839.89 billion at 12:26 pm; the BSE data shows. READ MORE  

MARKETS ON MONDAY: Sensex ends 232 pts lower; Realty, pharma, metals drag

Amara Raja Batteries slips 8% post Q4 results Shares of Amara Raja Batteries have declined 8% to Rs 760 per share, extending their 5% fall on Friday on the BSE after the company reported a lower than expected 10.7% growth in standalone net profit at Rs 1.1 billion in March quarter (Q4FY18). Analysts on an average had expected profit of Rs 1.26 billion for the quarter. READ MORE  

MARKETS ON MONDAY: Sensex ends 232 pts lower; Realty, pharma, metals drag

Market check Index Current Pt. Change % Change   S&P BSE SENSEX 34,638.77 -209.53 -0.60   S&P BSE SENSEX 50 11,015.52 -75.32 -0.68   S&P BSE SENSEX Next 50 31,911.39 -529.43 -1.63   S&P BSE 100 10,812.50 -89.40 -0.82   S&P BSE Bharat 22 Index 3,504.74 +10.84 +0.31

MARKETS ON MONDAY: Sensex ends 232 pts lower; Realty, pharma, metals drag

ICRA on GDP forecast The domestic GDP growth rate is expected to improve to 7.4% in Q4 FY2018 from 7.2% in Q3 FY2018, exceeding the implicit forecast of 7.1% embedded in the Central Statistics Office’s (CSO’s) Second Advance Estimate of National Income for 2017-18. As per ICRA, the growth of the Indian gross value added (GVA) at basic prices in year-on-year (YoY) terms is likely to record a considerable recovery to 7.3% in Q4 FY2018 from 6.7% in Q3 FY2018, thereby rebounding above 7.0% after a gap of five quarters. This revival in Q4 FY2018, relative to Q3 FY2018, is expected to be broad-based, supported by an uptick in industry (to +7.7% from +6.8%), agriculture, forestry and fishing (to +4.5% from +4.1%), and services (to +7.8% from +7.7%)

First Published: Mon, May 21 2018. 15:30 IST
RECOMMENDED FOR YOU

MARKETS ON MONDAY: Sensex ends 232 pts lower; Realty, pharma, metals drag

This was the fifth consecutive session of losses for the markets. PSU bank stocks, however, bucked the trend

The markets ended lower for the fifth straight session on Monday, following the resignation of the Bharatiya Janata Party's (BJP's) B S Yeddyurappa in the Karnataka Assembly despite positive global cues. The S&P BSE Sensex ended at 34,616, down 232 points while the broader Nifty50 index settled at 10,517, down 80 points. B S Yeddyurappa’s third chief ministerial stint lasted all of 55 hours, and his resignation on Saturday evening came as a shot in the arm for an Opposition struggling to mount a united challenge to the Narendra Modi-led Bharatiya Janata Party (BJP) ...

image
Business Standard
177 22