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MARKET WRAP: Sensex down 363 pts on weak global cues; Eicher Motors dips 9%

Among the sectoral indices, the Nifty Auto index fell 3.05 per cent weighed by Eicher Motors, Mahindra & Mahindra and Maruti Suzuki

Topics
Market Wrap  |  Sensex  |  Nifty

SI Reporter  |  New Delhi 

The benchmark equity indices settled over 1 per cent lower on Wednesday driven by losses in heavyweight stocks such as  Reliance Industries, HDFC and  HDFC Bank amid weakness in the Asian markets. The S&P BSE Sensex ended at 35,892, down 363 points or 1.00 per cent, while the broader Nifty50 index settled at 10,793, down 118 points or 1.08 per cent. Among the sectoral indices, the Nifty Auto index fell 3.05 per cent weighed by Eicher Motors, Mahindra & Mahindra and Maruti Suzuki. The Nifty Metal index declined 3.41 per cent weighed by Tata Steel and ...

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MARKET WRAP: Sensex down 363 pts on weak global cues; Eicher Motors dips 9%

Top sectoral gainers and losers on NSE

MARKET WRAP: Sensex down 363 pts on weak global cues; Eicher Motors dips 9%

S&P BSE Sensex: Top gainers and losers

MARKET WRAP: Sensex down 363 pts on weak global cues; Eicher Motors dips 9%

Market at close   The S&P BSE Sensex lost 363 points or 1 per cent to settle at 35,892 while the NSE's Nifty50 index dropped 118 points or 1.08 per cent to end at 10,793. 

MARKET WRAP: Sensex down 363 pts on weak global cues; Eicher Motors dips 9%

NEWS ALERT RBI Governor to hold meetings with MSME association and representatives of NBFCs nex week, reports CNBC TV18

MARKET WRAP: Sensex down 363 pts on weak global cues; Eicher Motors dips 9%

TVS Motor dips 6% on single-digit sales growth in December Shares of TVS Motor Company dipped 6 per cent to Rs 531 on the BSE after the two and three- wheeler company reported a single- digit 6% year-on-year growth in sales in December 2018. The growth was lowest since October 2017. The company registered 4 per cent growth in two-wheeler sales during December 2018 at 258,709 units as compared with 247,591 units, a year ago. READ MORE

MARKET WRAP: Sensex down 363 pts on weak global cues; Eicher Motors dips 9%

NEWS ALERT Sources To Reuters: OMCs may recover margin hit on fuel sales by march end

MARKET WRAP: Sensex down 363 pts on weak global cues; Eicher Motors dips 9%

NEWS ALERT Sources To Reuters: Oil marketing cos allowed to recoup losses limiting fuel price cuts

MARKET WRAP: Sensex down 363 pts on weak global cues; Eicher Motors dips 9%

Top gainers and losers on S&P BSE Sensex

MARKET WRAP: Sensex down 363 pts on weak global cues; Eicher Motors dips 9%

Web Exclusive Chart Reading: 'Golden crossover' on Nifty Bank to fuel banking stocks   The Nifty50 index is heading towards breakout level, while Nifty Bank is trading with positive sentiment. The scenario signals stocks in the indices are showing patterns that will attract buying. The Nifty Bank with positive sentiment is on the verge of making 'Golden crossover' as per the daily chart.   A Golden Crossover occurs when the short-term average crosses/moves above the long-term moving average. The scenario depicts a short-term trend getting stronger as compared to the long-term trend. It helps traders and investors to acknowledge the strength of the overall index. Click here to read more

MARKET WRAP: Sensex down 363 pts on weak global cues; Eicher Motors dips 9%

IPO launches fell in last two pre-election periods, will 2019 be different? The six-month period before Lok Sabha elections has historically been good for secondary markets. However, this cannot be said of initial public offerings (IPOs). Issuances dropped six months ahead of the previous two Lok Sabha elections. Six months ahead of the 2009 elections, only two IPOs were launched, and before the 2014 elections, only one had hit the market. Investment bankers say the uncertain market environment is not conducive to capital raising. Read more  

MARKET WRAP: Sensex down 363 pts on weak global cues; Eicher Motors dips 9%

Market check Index Current Pt. Change % Change   S&P BSE SENSEX 35,824.55 -430.02 -1.19   S&P BSE SENSEX 50 11,274.77 -140.46 -1.23   S&P BSE SENSEX Next 50 32,584.11 -397.98 -1.21   S&P BSE 100 11,063.17 -137.44 -1.23   S&P BSE Bharat 22 Index 3,454.51 -57.02 -1.62

First Published: Wed, January 02 2019. 08:12 IST
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MARKET WRAP: Sensex down 363 pts on weak global cues; Eicher Motors dips 9%

Among the sectoral indices, the Nifty Auto index fell 3.05 per cent weighed by Eicher Motors, Mahindra & Mahindra and Maruti Suzuki

The benchmark equity indices settled over 1 per cent lower on Wednesday driven by losses in heavyweight stocks such as  Reliance Industries, HDFC and  HDFC Bank amid weakness in the Asian markets. The S&P BSE Sensex ended at 35,892, down 363 points or 1.00 per cent, while the broader Nifty50 index settled at 10,793, down 118 points or 1.08 per cent. Among the sectoral indices, the Nifty Auto index fell 3.05 per cent weighed by Eicher Motors, Mahindra & Mahindra and Maruti Suzuki. The Nifty Metal index declined 3.41 per cent weighed by Tata Steel and ...

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