You are here: Home » Markets » News
Business Standard

MARKET WRAP: Sensex falls 181 pts; IndusInd Bank slips 7%, RIL dips 3.5%

In key stocks, RIL fell 3.5 per cent to Rs 1,063.20 on the NSE, Asian Paints slipped 3.1 per cent to Rs 1,196.90 and Dewan Housing Finance Corporation (DHFL) declined 11.1 per cent to Rs 187.00.

Topics
Market Wrap  |  Sensex  |  Nifty

SI Reporter  |  New Delhi 

The benchmark indices ended lower on Monday weighed by blue-chip firms like IndusInd Bank, YES Bank, Reliance Industries (RIL) and Asian Paints. The S&P BSE Sensex ended at 34,134, down 181 points, while the broader Nifty50 index settled at 10,245, down 58 points. Among sectoral indices, the Nifty Bank index settled largely flat. ICICI Bank rose 4 per cent to Rs 328.20. However, IndusInd Bank crashed 7 per cent to end at Rs 1,467.00. In key stocks, RIL fell 3.5 per cent to Rs 1,063.20 on the NSE, Asian Paints slipped 3.1 per cent to Rs ...

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

MARKET WRAP: Sensex falls 181 pts; IndusInd Bank slips 7%, RIL dips 3.5%

Sectoral gainers and losers on NSE

MARKET WRAP: Sensex falls 181 pts; IndusInd Bank slips 7%, RIL dips 3.5%

S&P BSE Sensex: Top gainers and losers

MARKET WRAP: Sensex falls 181 pts; IndusInd Bank slips 7%, RIL dips 3.5%

Market at close   The S&P BSE Sensex shed 181 points or 0.53 per cent to settle at 34,134 while NSE's Nifty50 index dropped 58 points or 0.57 per cent to end at 10,245.

MARKET WRAP: Sensex falls 181 pts; IndusInd Bank slips 7%, RIL dips 3.5%

Large private banks set to gain big amid NBFC turmoil, rising rates: MS Large private sector banks in India are well-positioned and look set to dominate the Indian financial industry going ahead, feels Morgan Stanley.   The global financial services firm noted in its research report that the changing industry dynamics, viz higher rates and NBFC turmoil are set to improve large banks' positioning even more. That apart, better retail funding bases and digitisation initiatives are other key favourables for large banks. READ MORE

MARKET WRAP: Sensex falls 181 pts; IndusInd Bank slips 7%, RIL dips 3.5%

Kansai Nerolac Paints falls 9% on weak Q2 results Shares of Kansai Nerloac Paints have slipped 9% to Rs 378 per share, also their 52-week low on the BSE, after the company posted a 15.6% year on year (YoY) declined in its net profit at Rs 1.22 billion in September quarter (Q2FY19), due to higher operational cost. The company had a profit of Rs 1.45 billion in the same quarter last fiscal. READ MORE

MARKET WRAP: Sensex falls 181 pts; IndusInd Bank slips 7%, RIL dips 3.5%

Market check Index Current Pt. Change % Change   S&P BSE SENSEX 34,292.09 -23.54 -0.07   S&P BSE SENSEX 50 10,767.02 -7.99 -0.07   S&P BSE SENSEX Next 50 30,366.29 -43.73 -0.14   S&P BSE 100 10,526.07 -8.86 -0.08   S&P BSE Bharat 22 Index 3,332.45 +7.40 +0.22

MARKET WRAP: Sensex falls 181 pts; IndusInd Bank slips 7%, RIL dips 3.5%

Jet Airways falls 6% after clarification on Tata investment   Shares of Jet Airways (India) slipped 6.5% to Rs 219 per share on the BSE in intra-day trade after the company said that the news report of Tata Group being in talks to buy a majority stake in the airline is speculative in nature. “The news is speculative in nature and that there is no discussion or decision in the Board which would require the disclosure,” Jet Airways said in a regulatory. The airline made the clarification on news report that Tata Group is in talks to buy a majority stake in debt-laden Jet Airways. Read more

MARKET WRAP: Sensex falls 181 pts; IndusInd Bank slips 7%, RIL dips 3.5%

NBFC woes will weigh on indices, writes Devangshu Datta   After the appointment of the new board, we're learning that the tentacles of Infrastructure Leasing & Financial Services (IL&FS) were spread even wider than most people guessed. The company had over 300 subsidiaries and the board is struggling to assess the new information. Various directors have to be replaced in the subsidiaries and a fresh audit has to be performed to get a clearer picture of the financial status. Read More

MARKET WRAP: Sensex falls 181 pts; IndusInd Bank slips 7%, RIL dips 3.5%

Looking to invest in equity-related instruments? Here's your fund pick   Launched on April 11, 2007, Invesco India Contra Fund is classified under the value/contra funds category of CRISIL Mutual Fund Ranking (CMFR) of June 2018. It featured in the top 30 percentile in the value/contra funds category for the two quarters ended June 2018.   The fund is jointly managed by Taher Badshah (since January 2017) and Amit Ganatra (August 2012). The fund’s month-end assets under management (AUM) increased about three times from Rs 8.7 billion in October 2015 to Rs 24.9 billion in September 2018. READ MORE

MARKET WRAP: Sensex falls 181 pts; IndusInd Bank slips 7%, RIL dips 3.5%

Market Check Index Current Pt. Change % Change   S&P BSE SENSEX 34,420.71 +105.08 +0.31   S&P BSE SENSEX 50 10,809.18 +34.17 +0.32   S&P BSE SENSEX Next 50 30,536.96 +126.94 +0.42   S&P BSE 100 10,570.00 +35.07 +0.33   S&P BSE Bharat 22 Index 3,336.72 +11.67 +0.35 (Source: BSE)

MARKET WRAP: Sensex falls 181 pts; IndusInd Bank slips 7%, RIL dips 3.5%

Nifty IT index falls; infibeam cracks 24%

First Published: Mon, October 22 2018. 08:06 IST
RECOMMENDED FOR YOU

MARKET WRAP: Sensex falls 181 pts; IndusInd Bank slips 7%, RIL dips 3.5%

In key stocks, RIL fell 3.5 per cent to Rs 1,063.20 on the NSE, Asian Paints slipped 3.1 per cent to Rs 1,196.90 and Dewan Housing Finance Corporation (DHFL) declined 11.1 per cent to Rs 187.00.

The benchmark indices ended lower on Monday weighed by blue-chip firms like IndusInd Bank, YES Bank, Reliance Industries (RIL) and Asian Paints. The S&P BSE Sensex ended at 34,134, down 181 points, while the broader Nifty50 index settled at 10,245, down 58 points. Among sectoral indices, the Nifty Bank index settled largely flat. ICICI Bank rose 4 per cent to Rs 328.20. However, IndusInd Bank crashed 7 per cent to end at Rs 1,467.00. In key stocks, RIL fell 3.5 per cent to Rs 1,063.20 on the NSE, Asian Paints slipped 3.1 per cent to Rs ...

image
Business Standard
177 22