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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%.

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 ...

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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
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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 ...

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