You are here: Home » Markets » News
Business Standard

MARKET WRAP: Sensex ends 109 pts lower, Nifty at 10,593 ahead of RBI policy

Bharti Airtel and Larsen & Toubro were among the top losers in BSE Sensex today, while Tata Steel was the top gainer, which rose around 1%.

Topics
Markets Live  |  Nifty  |  Sensex

SI Reporter  |  New Delhi 

The markets ended lower on Tuesday ahead of the outcome of Reserve Bank of India's (RBI's) second monetary policy review of 2018-19, which is due on Wednesday, June 6. The S&P BSE Sensex ended at 34,903, down 109 points while the broader Nifty50 index settled at 10,593, down 35 points. Among individual stocks, Bharti Airtel and Larsen & Toubro were among the top losers in BSE Sensex today, while Tata Steel was the top gainer, which rose around 1%. An increasing number of economists expect the Reserve Bank of India (RBI) to raise interest rates on Wednesday, a ...

MONTHLY STAR

Business Standard Digital

Business Standard Digital Monthly Subscription
199.00  
subscribe
Complete access to the premium product
Convenient - Pay as you go
Pay using Amex/Master/VISA Credit Cards and VISA Debit Cards 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.

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 ANNUAL

Business Standard Digital
Subscribe Now and get 12 months Free

Business Standard Premium Digital - 12 Months + 12 Months Free
1799.00
subscribe
Subscribe for 12 months and get 12 months free.
Single Seamless Sign-up to Business Standard Digital
Convenient - Once a year payment
Pay using an instrument of your choice -all Credit and Debit Cards, Net Banking, Payment Wallets, and UPI
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.

NOTE :

  • The monthly duration product is an auto renewal based product. Once subscribed, subject to your card issuer's permission we will charge your card/ payment instrument each month automatically and renew your subscription.
  • In the Annual duration product we offer both an auto renewal based product and a non auto renewal based product.
  • We do not Refund.
  • No Questions asked Cancellation Policy.
  • You can cancel future renewals anytime including immediately upon subscribing but 48 hours before your next renewal date.
  • Subject to the above, self cancel by visiting the "Manage My Account“ section after signing in OR Send an email request to assist@bsmail.in from your registered email address and by quoting your mobile number.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

MARKET WRAP: Sensex ends 109 pts lower, Nifty at 10,593 ahead of RBI policy

Nifty IT index slips 1.37%. Top losers: COMPANY LATEST PREV CLOSE LOSS() LOSS(%) KPIT TECH. 260.35 278.70 -18.35 -6.58 INFIBEAM INCORP. 154.25 162.60 -8.35 -5.14 TATA ELXSI 1161.10 1203.85 -42.75 -3.55 WIPRO 255.25 260.15 -4.90 -1.88 HCL TECHNOLOGIES 885.05 900.70 -15.65 -1.74

MARKET WRAP: Sensex ends 109 pts lower, Nifty at 10,593 ahead of RBI policy

Nifty sectoral losers

MARKET WRAP: Sensex ends 109 pts lower, Nifty at 10,593 ahead of RBI policy

BSE Sensex: Tata Steel ends 1.08% higher, Bharti Airtel falls 2.11%

MARKET WRAP: Sensex ends 109 pts lower, Nifty at 10,593 ahead of RBI policy

Market at close   The S&P BSE Sensex ended at 34,903, down 109 points while the broader Nifty50 index settled at 10,593, down 35 points.

MARKET WRAP: Sensex ends 109 pts lower, Nifty at 10,593 ahead of RBI policy

Japan's Sharp to buy Toshiba PC business for $36 million Japan's Sharp Corp said it will buy Toshiba Corp's personal computer business for 4 billion yen ($36 million), highlighting its recovery under the control of Foxconn and marking a return to a business it quit eight years ago. READ MORE  

MARKET WRAP: Sensex ends 109 pts lower, Nifty at 10,593 ahead of RBI policy

Nifty Infra index nears 52-week low ahead of RBI monetary policy Shares of infrastructure companies were under pressure with Nifty Infra index falling nearly 2% on Tuesday, trading close to its 52-week low ahead of the Reserve Bank of India's (RBI) second monetary policy review of 2018-19 on Wednesday, June 6, 2018. READ MORE  

MARKET WRAP: Sensex ends 109 pts lower, Nifty at 10,593 ahead of RBI policy

RBI POLICY PREVIEW Emerging-market selloff may force RBI to hold interest rates in MPC meet An emerging-market selloff that’s hit India hard presents its central bank with a choice: hold interest rates steady to keep the economy motoring or follow the example of the Philippines and Indonesia by raising to stem market pressure.   The nation’s currency is down about 5 per cent against the dollar this year and yields have spiked on government and corporate bonds. While those moves would argue for a rate increase, most economists aren’t convinced it will come on Wednesday. Of the 35 analysts surveyed by Bloomberg, 25 predict the monetary policy panel will hold the benchmark repurchase rate at 6 per cent READ MORE

MARKET WRAP: Sensex ends 109 pts lower, Nifty at 10,593 ahead of RBI policy

BEML aims to double its defence vertical revenue in FY19 Public sector engineering major, Bharat Earth Movers Limited (BEML) is betting big on the defence vertical with a plan to double its revenues from this segment in the current financial year. The defence segment accounted for around 17 per cent of the company’s overall revenue of Rs 33 billion in the financial year ended March 2018. READ MORE

MARKET WRAP: Sensex ends 109 pts lower, Nifty at 10,593 ahead of RBI policy

Top BSE500 losers COMPANY PRICE() CHG() CHG(%) VOLUME KEI INDS. 386.10 -68.35 -15.04 147056 H D I L 21.90 -2.45 -10.06 1618962 AVANTI FEEDS 1356.00 -133.60 -8.97 95505 V-MART RETAIL 2022.80 -187.20 -8.47 3006 IDEA CELLULAR 57.65 -5.10 -8.13 2148727 » More on Top Losers

MARKET WRAP: Sensex ends 109 pts lower, Nifty at 10,593 ahead of RBI policy

Gold slips on sluggish demand, weak global cues Gold prices softened by Rs 50 to Rs 31,600 per ten gram at the bullion market today on sluggish demand from local jewellers amid weak trend overseas. Traders said tepid demand from local jewellers and retailers at domestic spot market and a weak trend overseas weighed on gold prices. READ MORE Gold

MARKET WRAP: Sensex ends 109 pts lower, Nifty at 10,593 ahead of RBI policy

Market Check   S&P BSE Sensex 34,901.18 -0.32%   Nifty 50 10,587.75 -0.38%   S&P BSE 200 4,571.02 -0.57%   Nifty 500 9,110.30 -0.71%   S&P BSE Mid-Cap 15,545.49 -1.13%   S&P BSE Small-Cap 16,240.62 -2.30%

First Published: Tue, June 05 2018. 15:30 IST
RECOMMENDED FOR YOU

MARKET WRAP: Sensex ends 109 pts lower, Nifty at 10,593 ahead of RBI policy

Bharti Airtel and Larsen & Toubro were among the top losers in BSE Sensex today, while Tata Steel was the top gainer, which rose around 1%.

The markets ended lower on Tuesday ahead of the outcome of Reserve Bank of India's (RBI's) second monetary policy review of 2018-19, which is due on Wednesday, June 6. The S&P BSE Sensex ended at 34,903, down 109 points while the broader Nifty50 index settled at 10,593, down 35 points. Among individual stocks, Bharti Airtel and Larsen & Toubro were among the top losers in BSE Sensex today, while Tata Steel was the top gainer, which rose around 1%. An increasing number of economists expect the Reserve Bank of India (RBI) to raise interest rates on Wednesday, a ...

image
Business Standard
177 22