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MARKET WRAP: Sensex, Nifty end over 1% lower; Indiabulls Housing tanks 13%

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SI Reporter  |  New Delhi 

Snapping its three-day winning streak, the domestic equity market slipped into the negative territory on Wednesday amid heavy selling in auto and financial stocks. The S&P BSE Sensex lost 383 points or 1 per cent to settle at 34,780 with YES Bank being the top loser (down nearly 7 per cent) and ITC (up over 1 per cent) the top gainer. The broader NSE's Nifty50 index lost 132 points or 1.24 per cent to end at 10,453.  Bank stocks came under pressure on the back of weekly expiry. The Nifty Bank Index fell 401 points or 2 per cent to settle at 25,189. Auto stocks ...

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MARKET WRAP: Sensex, Nifty end over 1% lower; Indiabulls Housing tanks 13%

Sectoral gainers & losers on NSE

MARKET WRAP: Sensex, Nifty end over 1% lower; Indiabulls Housing tanks 13%

BSE Sensex: Top gainers & losers 

MARKET WRAP: Sensex, Nifty end over 1% lower; Indiabulls Housing tanks 13%

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MARKET WRAP: Sensex, Nifty end over 1% lower; Indiabulls Housing tanks 13%

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MARKET WRAP: Sensex, Nifty end over 1% lower; Indiabulls Housing tanks 13%

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MARKET WRAP: Sensex, Nifty end over 1% lower; Indiabulls Housing tanks 13%

Market Check Index Current Pt. Change % Change   S&P BSE SENSEX 35,002.87 -159.61 -0.45   S&P BSE SENSEX 50 10,997.87 -76.53 -0.69   S&P BSE SENSEX Next 50 30,737.00 -606.57 -1.94   S&P BSE 100 10,737.27 -94.94 -0.88   S&P BSE Bharat 22 Index 3,338.91 -32.60 -0.97

MARKET WRAP: Sensex, Nifty end over 1% lower; Indiabulls Housing tanks 13%

WEB EXCLUSIVE TCS or Infosys: Which is a better bet post Q2 results?   Tata Consultancy Services (TCS) and Infosys have announced their respective September 2018 quarter results in the past few days. The numbers were aided by robust demand environment in BFSI and digital segments, a ramp-up in deal signings and rupee depreciation. While TCS maintained its broad-based performance across the segments and geographies, Infosys made a good comeback after a weak June 2018 quarter. The company reported deal wins of over $2 billion, which was one of the highlights of Q2 results. READ MORE Parameter     TCS YoY change (%)   Infosys YoY change (%) PAT Rs 79.01 bn 23 41.10 bn 10 Revenue Rs 368.54 bn 20.7 206.09 bn 17 Operating Margin 26.50%  up 1.4% 23.70% down 2% YoY

MARKET WRAP: Sensex, Nifty end over 1% lower; Indiabulls Housing tanks 13%

8K Miles, Dilip Buildcon, Finolex Industries hit 52-week lows   Shares of 8K Miles Software Services, Dilip Buildcon, Finolex Industries, Kwality, Essel Propack and Repco Home Finance from the S&P BSE 500 index hit their respective 52-week lows on the BSE in an otherwise firm market on Tuesday.   8K Miles Software Services was locked in the lower circuit for the third straight day, down 5% at Rs 112 on the BSE. There were pending sell orders for 474,478 equity shares on the NSE and BSE. READ MORE

MARKET WRAP: Sensex, Nifty end over 1% lower; Indiabulls Housing tanks 13%

This is how the Modi govt is planning to meet the fiscal deficit target   Prime Minister Narendra Modi’s government asked state-run companies to buy back shares as it seeks to raise as much as Rs 200 billion ($2.7 billion) to meet the fiscal deficit target, according to people familiar with the matter. Oil & Natural Gas Corp. (ONGC), NMDC Ltd., Indian Oil Corp.(IOC) and Oil India Ltd.(OIL) are among companies that have been asked to repurchase shares, the people said asking not to be named as the information is not public. A decision on the pricing has been left to boards, they said. Read More

MARKET WRAP: Sensex, Nifty end over 1% lower; Indiabulls Housing tanks 13%

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MARKET WRAP: Sensex, Nifty end over 1% lower; Indiabulls Housing tanks 13%

S&P BSE Sensex top gainers and losers

First Published: Wed, October 17 2018. 08:10 IST
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MARKET WRAP: Sensex, Nifty end over 1% lower; Indiabulls Housing tanks 13%

Catch all the live market action here

Snapping its three-day winning streak, the domestic equity market slipped into the negative territory on Wednesday amid heavy selling in auto and financial stocks. The S&P BSE Sensex lost 383 points or 1 per cent to settle at 34,780 with YES Bank being the top loser (down nearly 7 per cent) and ITC (up over 1 per cent) the top gainer. The broader NSE's Nifty50 index lost 132 points or 1.24 per cent to end at 10,453.  Bank stocks came under pressure on the back of weekly expiry. The Nifty Bank Index fell 401 points or 2 per cent to settle at 25,189. Auto stocks ...

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