You are here: Home » Markets » News
Business Standard

Sensex ends 281 pts lower, Nifty below 10,250; Adani Ports, ONGC, L&T drag

Catch all live market action here

Topics
Markets

SI Reporter  |  New Delhi 

Benchmark indices ended lower on Monday, with Larsen & Toubro dragging the indexes after it cut its full-year order flow growth guidance, while oil price worries kept energy shares such as Reliance Industries under pressure. Investors also reacted to the September quarter earnings of index heavyweights Idea Cellular, Adani Ports and Coal India.  Oil remained well supported as ongoing output cuts led by the Organization of the Petroleum Exporting Countries and Russia contributed to a significant reduction in excess supplies and as tensions in the Middle East ...

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

Sensex ends 281 pts lower, Nifty below 10,250; Adani Ports, ONGC, L&T drag

Nifty Chart for the day Source: NSE

Sensex ends 281 pts lower, Nifty below 10,250; Adani Ports, ONGC, L&T drag

Sectoral Trend Source: NSE

Sensex ends 281 pts lower, Nifty below 10,250; Adani Ports, ONGC, L&T drag

Nifty Metal index fell nearly 2% Source: NSE

Sensex ends 281 pts lower, Nifty below 10,250; Adani Ports, ONGC, L&T drag

Top Sensex gainers and losers Source: BSE

Sensex ends 281 pts lower, Nifty below 10,250; Adani Ports, ONGC, L&T drag

Broader Markets Broader markets outperformed the frontline indices with BSE Midcap and BSE Smallcap  down 0.2% and 0.4% respectively

Sensex ends 281 pts lower, Nifty below 10,250; Adani Ports, ONGC, L&T drag

Markets at Close The S&P BSE Index ended the day at 33,033, down 281 points while the broader Nifty50 index settled at 10,224, down 96 points

Sensex ends 281 pts lower, Nifty below 10,250; Adani Ports, ONGC, L&T drag

Slips in trade Bharat Petroleum Corp fell as much as 3.7% to its lowest in four weeks, after its September-quarter profit missed market estimates.

Sensex ends 281 pts lower, Nifty below 10,250; Adani Ports, ONGC, L&T drag

Asia Check Asian markets wavered in Monday trade after US stocks closed mostly lower on Friday, with Japan's Nikkei 225 index ending lower for the fourth straight session.   The Nikkei 225 fell 1.32%, or 300.43 points, to close at 22,380.99 — its lowest close since October 31. Across the Korean Strait, the Kospi edged down 0.5% to end at 2,530.35 

Sensex ends 281 pts lower, Nifty below 10,250; Adani Ports, ONGC, L&T drag

Buzzing stock Shares of Vakrangee touched their 52- week highs, gaining 5% on the back of strong Q2 numbers.   Vakrangee has reported 13 percent jump in its Q2 (August-September) consolidated net profit at Rs 189.8 crore versus Rs 168 crore, in the quarter ended June 2017.

Sensex ends 281 pts lower, Nifty below 10,250; Adani Ports, ONGC, L&T drag

Nifty Energy index falls nearly 1% Source: NSE

Sensex ends 281 pts lower, Nifty below 10,250; Adani Ports, ONGC, L&T drag

Select hotel & restaurant shares gain on GST rate change   Shares of hotels & restaurant companies rallied up to 16% on the BSE in intra-day trade in otherwise subdued market after the Goods and Services Tax (GST) Council decided to reduce the tax rate for all restaurants, barring those in luxury hotels, to 5%, without any input tax credit.   Restaurants in hotels with room tariff of Rs 7,500 and above per day will attract 18% GST with full input tax credit.   Among the individual stocks, Royal Orchid Hotels hit a 52-week high of Rs 156, up 16%, and Speciality Restaurants rallied 8% to Rs 127 on the BSE in intra-day trade. READ MORE

First Published: Mon, November 13 2017. 15:30 IST
RECOMMENDED FOR YOU

Sensex ends 281 pts lower, Nifty below 10,250; Adani Ports, ONGC, L&T drag

Catch all live market action here

Benchmark indices ended lower on Monday, with Larsen & Toubro dragging the indexes after it cut its full-year order flow growth guidance, while oil price worries kept energy shares such as Reliance Industries under pressure. Investors also reacted to the September quarter earnings of index heavyweights Idea Cellular, Adani Ports and Coal India.  Oil remained well supported as ongoing output cuts led by the Organization of the Petroleum Exporting Countries and Russia contributed to a significant reduction in excess supplies and as tensions in the Middle East ...

image
Business Standard
177 22