Sensex tanks 383 pts, Nifty holds 11,700 in volatile trade; India VIX up 8%
All that happened in the markets today
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Benchmark indices ended around 1 per cent lower on Tuesday as the previous day's exit poll euphoria gave way to profit-booking by investors, including in some index heavweights.
The indices hit a record-high at opening, with the S&P BSE Sensex touching the 39,571.73-mark while Nifty reached 11,883.55 levels, before trimming gains in a volatile session that saw India VIX rise over 8 per cent.
The indices hit a record-high at opening, with the S&P BSE Sensex touching the 39,571.73-mark while Nifty reached 11,883.55 levels, before trimming gains in a volatile session that saw India VIX rise over 8 per cent.
The S&P BSE Sensex ended the day 383 points lower at 38,970, with Tata Motors, Maruti Suzuki, IndusInd Bank, Mahindra & Mahindra, and Bharti Airtel emerging as the top losers. Only three out of the 30 constituents of BSE ended the day in the green.
The broader Nifty50 also slipped 119 points to settle at 11,709. The market breadth remained in the favour of sellers with about 1,145 stocks declining and 609 stocks advancing on the NSE.
All the sectoral indices ended the day in red, with Nifty Auto and Nifty Media taking the biggest hits, down 2.52 per cent and 2.32 per cent, respectively.
In the broader market, the S&P BSE MidCap index lost 0.84 per cent, or 124 points, to settle at 14,695, while the S&P BSE SmallCap index dipped 88 points, or 0.61 per cent, to rule at 14,293.
BUZZING STOCKS
Bajaj Finance entered the elite club of companies with a market capitalisation (market-cap) of Rs 2 trillion after the company's stock price hit a new high on the BSE in intra-day trade on Tuesday. The stock hit a new high of Rs 3,485, up 2.3 per cent on the BSE. At 09:53 am; Bajaj Finance's market-cap stood at Rs 2.01 trillion, the exchange data shows. READ MORE
Torrent Pharmaceuticals shares slipped 8 per cent to Rs 1,525 on the BSE in the early morning trade on Tuesday after it reported a consolidated net loss of Rs 152 crore in March quarter (Q4FY19). The drug firm had posted a consolidated profit of Rs 228 crore in the year-ago quarter. READ MORE
Click here for more buzzing stocks of the day
4:01 PM
Sectoral trend on NSE
4:01 PM
Heatmap: S&P BSE Sensex
3:44 PM
Market at close
The S&P BSE Sensex ended at 38,970, down 383 points while the broader Nifty50 index settled at 11,709, down 119 points
3:29 PM
Bharti Airtel trades lower
3:13 PM
Tata Motors skids 8% as Q4 profit slips 47% to Rs 1,117 crore
Tata Motors slipped 8 per cent to Rs 174 on the BSE in intra-day trade after the automaker reported a 47 per cent drop in net profit at Rs 1,117 crore for March quarter (Q4FY19). Consolidated revenue was down 4 per cent at Rs 86,422 crore on year-on-year (YoY) basis. Ebitda (earnings before interest, tax, depreciation and amortisation) margin came in at 9.4 per cent, down 258 basis points (bps) YoY and up 151bps on quarter-on-quarter (QoQ) basis. READ MORE
3:08 PM
NEWS ALERT | Vedanta declared preferred bidder for 2 copper blocks in Maharashtra: CNBC TV18
3:07 PM
» More on 52 Week High
Stocks that hit 52-week high on S&P BSE Sensex
| COMPANY | PRICE(rs) | 52 WK HIGH | CHG(rs) | CHG(%) |
|---|---|---|---|---|
| ADANI PORTS | 390.50 | 412.00 | -9.80 | -2.45 |
| AXIS BANK | 773.00 | 791.00 | -9.75 | -1.25 |
| BAJAJ FIN. | 3413.05 | 3484.90 | 6.35 | 0.19 |
| BAJAJ FINSERV | 8155.00 | 8327.70 | -63.10 | -0.77 |
| CITY UNION BANK | 208.05 | 209.85 | 3.65 | 1.79 |
3:03 PM
Nifty PSU Bank index trades 1.7% lower, dragged down by Union Bank and Indian Bank
3:02 PM
Buzzing | Jet Airways sees sharp surge
3:00 PM
Market breadth in favour of decline
2:59 PM
Market check | Nifty50 hovers around 11,700, down over 1%
2:59 PM
Jet Airways extends gains on reports of talks with Hinduja Group
2:58 PM
Market check | Sensex loses over 400 points
2:58 PM
MARKET CHECK
2:42 PM
Maruti Suzuki dips over 2%
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First Published: May 21 2019 | 7:26 AM IST