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Markets extend losses for 6th session in a row; Nifty settles below 9,900

All that happened in today's trade

SI Reporter  |  New Delhi 

markets, shares, stocks, investor, BSE, Nifty, Sensex

The benchmark indices trimmed most of its intraday losses to end flat with the Nifty50 reclaiming its crucial 9,850 mark ahead of derivatives expiry of September series due on Thursday. 

The extended losses in line with Asia and logged sixth straight session of declines, as continued tensions on the Korean Peninsula prompted investors to move into safer assets.

North Korea’s foreign minister said on Monday that the United States had declared war on the country and Pyongyang reserved the right to take countermeasures.

Meanwhile, investors await US Federal Reserve Chair Janet Yellen’s speech later in the day for clarity on whether the Fed will stick to its plan to raise interest rates in December.

European were trading lower, while Asian shares withered, with MSCI’s broadest index of Asia-Pacific shares outside Japan shedding as much as 0.7% to a near three-week low.

Markets extend losses for 6th session in a row; Nifty settles below 9,900

Anand James, Chief Market Strategist, Geojit Financial Services   Domestic indices pared the initial losses stimulated by a pull back in the banking stocks. Strong put writing was also seen at the 9800 strike indicating that traders may have deemed the downside a bit overdone, setting the stage for short covering ahead of the F&O expiry. GST council meeting scheduled in the first week of October may also enthuse the investors now, while the sharp weakness in rupee shall also give reprieve to exporters.

Markets extend losses for 6th session in a row; Nifty settles below 9,900

Nifty Realty leading sectoral gainer  All but two stocks were trading in red.   Source: NSE

Markets extend losses for 6th session in a row; Nifty settles below 9,900

Sensex heatmap at close

Markets extend losses for 6th session in a row; Nifty settles below 9,900

Broader markets outperform    Broader markets bucked the weak trend with the BSE Smallcap and the BSE Midcap indices gaining 1% and 0.4%, respectively.

Markets extend losses for 6th session in a row; Nifty settles below 9,900

Markets at close The S&P BSE Sensex settled the day at 31,599, down 26 points, while the broader Nifty50 was ruling at 9,871, down 1 point. 

Markets extend losses for 6th session in a row; Nifty settles below 9,900

Volatility index India VIX eases over 3% to 13.  Source: NSE

Markets extend losses for 6th session in a row; Nifty settles below 9,900

Nifty Metal index recovers after five-session losing streak  Source: NSE

Markets extend losses for 6th session in a row; Nifty settles below 9,900

Buzzing stocks    ITI, Indiabulls Ventures, Graphite India, Signet Industries, Deep Industries, MIRC Electronics, HEG and OM Metals Infraprojects are among the 39 stocks from the S&P BSE Smallcap index that have recovered more than 10% after a bounce back in equity market in late noon trade. READ MORE  

Markets extend losses for 6th session in a row; Nifty settles below 9,900

Top five losers on Nifty Source: NSE

Markets extend losses for 6th session in a row; Nifty settles below 9,900

D-Mart market-cap crosses Rs 75,000 crore   Avenue Supermarts, which owns and operates D-Mart retail chain, have joined the league of companies with market capitalization(m-cap) of more than Rs 75,000 crore after more than 15% rally in shares on Tuesday. READ MORE

Markets extend losses for 6th session in a row; Nifty settles below 9,900

Broader markets outperform    The BSE Smallcap index gained over 15, while the BSE Midcap index was up 0.7% in the noon deals. 

First Published: Tue, September 26 2017. 15:35 IST
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Markets extend losses for 6th session in a row; Nifty settles below 9,900

All that happened in today's trade

The benchmark indices trimmed most of its intraday losses to end flat with the Nifty50 reclaiming its crucial 9,850 mark ahead of derivatives expiry of September series due on Thursday. 

The extended losses in line with Asia and logged sixth straight session of declines, as continued tensions on the Korean Peninsula prompted investors to move into safer assets.

North Korea’s foreign minister said on Monday that the United States had declared war on the country and Pyongyang reserved the right to take countermeasures.

Meanwhile, investors await US Federal Reserve Chair Janet Yellen’s speech later in the day for clarity on whether the Fed will stick to its plan to raise interest rates in December.

European were trading lower, while Asian shares withered, with MSCI’s broadest index of Asia-Pacific shares outside Japan shedding as much as 0.7% to a near three-week low.

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