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MARKET WRAP: Sensex slips 262 points as US-China trade war fears escalate

Among sectoral indices, the Nifty Metal index hit an over 8 month low earlier today led by a sharp fall in the shares of SAIL, Jindal Stainless (Hisar) and NMDC. It eventually settled over 1.5% lower.

SI Reporter  |  New Delhi 

The benchmark indices ended lower on Tuesday tracking negative cues from their global peers. The S&P BSE Sensex ended at 35,287, down 262 points while the broader Nifty50 index settled at 10,710, down 89 points. Among sectoral indices, the Nifty Metal index hit an over eight month low earlier today led by a sharp fall in the shares of SAIL, Jindal Stainless (Hisar) and NMDC. It eventually settled over 1.5% lower. Nifty Realty index also fell nearly 2% today. Trump warned on Monday that Washington would impose a 10 per cent tariff on $200 billion of Chinese ...

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MARKET WRAP: Sensex slips 262 points as US-China trade war fears escalate

Nifty Metal index ends 1.57% lower. Top losers: COMPANY LATEST PREV CLOSE LOSS() LOSS(%) S A I L 82.85 86.95 -4.10 -4.72 JINDAL STAIN .HI 156.00 162.70 -6.70 -4.12 NMDC 107.90 112.05 -4.15 -3.70 VEDANTA 224.05 232.20 -8.15 -3.51 JINDAL STEEL 222.25 229.55 -7.30 -3.18

MARKET WRAP: Sensex slips 262 points as US-China trade war fears escalate

Nifty Realty index ends 2% lower. Top losers: COMPANY LATEST PREV CLOSE LOSS() LOSS(%) GODREJ PROPERT. 732.80 758.65 -25.85 -3.41 INDBULL.REALEST. 165.00 170.25 -5.25 -3.08 H D I L 22.00 22.65 -0.65 -2.87 PHOENIX MILLS 629.70 647.70 -18.00 -2.78 BRIGADE ENTERPR. 235.10 241.40 -6.30 -2.61

MARKET WRAP: Sensex slips 262 points as US-China trade war fears escalate

Sectoral gainers and losers of the day

MARKET WRAP: Sensex slips 262 points as US-China trade war fears escalate

BSE Sensex: ITC top gainer of the day, Vedanta, Sun Pharma, infosys among top losers

MARKET WRAP: Sensex slips 262 points as US-China trade war fears escalate

Market at close   The S&P BSE Sensex ended at 35,287, down 262 points while the broader Nifty50 index settled at 10,710, down 89 points.

MARKET WRAP: Sensex slips 262 points as US-China trade war fears escalate

Nifty Metal index hits over 8-month low; Vedanta, NMDC slip nearly 4% Shares of metal companies were under pressure with the Nifty Metal index hitting an over eight month low on the National Stock Exchange (NSE). Vedanta, Jindal Steel & Power, Hindalco Industries, Steel Authority of India (SAIL), NMDC and Hindustan Copper were trading 2% to 4% lower on the NSE. READ MORE

MARKET WRAP: Sensex slips 262 points as US-China trade war fears escalate

ICICI Bank: Chanda Kochhar is no longer the boss and won't be missed Chanda Kochhar, the chief executive officer of India’s second-biggest lender, has left the building, and her new deputy should waste no time in letting stakeholders know who the real boss is: It’s him. READ MORE

MARKET WRAP: Sensex slips 262 points as US-China trade war fears escalate

Mutual fund managers go 'bottom up' in May: All you need to know While mutual fund managers pumped Rs 136 billion into stocks in May the buying wasn’t across the board. Changes to portfolio holding suggest fund managers have been following bottom-up approach for stock picking amid spike volatility in May. READ MORE  

MARKET WRAP: Sensex slips 262 points as US-China trade war fears escalate

RBI may raise rates again by year-end but August hike still in play: Poll The Reserve Bank of India (RBI) is expected to raise interest rates again in the final three months of this year, according to a Reuters poll of economists, but over one-third of them predicted a hike as early as at the next meeting in August.   Accelerating inflation and India retaining top spot as the fastest-growing major economy prompted the RBI to lift the repo rate by 25 basis points to 6.25 per cent at the June 4-6 meeting, wrong-footing a slim majority of economists polled by Reuters who had expected no change. READ MORE

MARKET WRAP: Sensex slips 262 points as US-China trade war fears escalate

UltraTech Cement, NTPC among 19 stocks in BSE500 that hit their 52-week low Shares of UltraTech Cement, NTPC, Bharti Infrastructure, Tata Power Company, Vedanta, India Cements and Shree Cement were among 19 stocks from the S&P BSE 500 index hitting their respective 52-week lows on the BSE.   CG Power & Industries, Cummins India, Inox Wind, JK Lakshmi Cement, Kirloskar Oil Engines, Mangalore Refinery Petrochemicals (MRPL), Manpasand Beverages, Motilal Oswal Financial Services and NHPC too hit their respective 52-week lows today. READ MORE

MARKET WRAP: Sensex slips 262 points as US-China trade war fears escalate

Market Check   S&P BSE Sensex 35,369.34 -0.50%   Nifty 50 10,732.80 -0.62%   S&P BSE 200 4,640.55 -0.66%   Nifty 500 9,249.55 -0.74%   S&P BSE Mid-Cap 15,827.49 -0.91%   S&P BSE Small-Cap 16,631.61 -1.18%

First Published: Tue, June 19 2018. 08:00 IST
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MARKET WRAP: Sensex slips 262 points as US-China trade war fears escalate

Among sectoral indices, the Nifty Metal index hit an over 8 month low earlier today led by a sharp fall in the shares of SAIL, Jindal Stainless (Hisar) and NMDC. It eventually settled over 1.5% lower.

The benchmark indices ended lower on Tuesday tracking negative cues from their global peers. The S&P BSE Sensex ended at 35,287, down 262 points while the broader Nifty50 index settled at 10,710, down 89 points. Among sectoral indices, the Nifty Metal index hit an over eight month low earlier today led by a sharp fall in the shares of SAIL, Jindal Stainless (Hisar) and NMDC. It eventually settled over 1.5% lower. Nifty Realty index also fell nearly 2% today. Trump warned on Monday that Washington would impose a 10 per cent tariff on $200 billion of Chinese ...

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