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MARKET: Sensex tanks 714 pts on global cues, state poll outcome uncertainty

Among sectoral indices, the Nifty Bank index settled 1.9 per cent lower weighed by Axis Bank, Punjab National Bank and ICICI Bank.

SI Reporter  |  New Delhi 

The benchmark indices settled around 2 per cent lower on Monday following a sell-off in the global markets and due to uncertainty over the outcome of state assembly elections, due on Tuesday. Exit polls, which came on Friday, predicted a tight finish between the Bharatiya Janata Party (BJP) and the Congress in Madhya Pradesh and Chhattisgarh and a win for the opposition party in Rajasthan. READ MORE HERE The S&P BSE Sensex ended at 34,960, down 714 points or 2 per cent, while the broader Nifty50 index settled at 10,488, down 205 points or 1.92 per cent. Among ...

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MARKET: Sensex tanks 714 pts on global cues, state poll outcome uncertainty

Sectoral losers of the day on NSE

MARKET: Sensex tanks 714 pts on global cues, state poll outcome uncertainty

BSE Sensex: gainers and losers of the day

MARKET: Sensex tanks 714 pts on global cues, state poll outcome uncertainty

Market at close The S&P BSE Sensex ended at 34,960, down 714 points or 2 per cent, while the broader Nifty50 index settled at 10,488, down 205 points or 1.92 per cent.

MARKET: Sensex tanks 714 pts on global cues, state poll outcome uncertainty

Gold futures weaken to Rs 31,557 per 10 gram Gold prices fell Rs 38 to Rs 31,557 per 10 gram in futures trade Monday as speculators reduced exposure despite a firm trend in the precious metal overseas. At the Multi Commodity Exchange, gold for delivery in February next year traded lower by Rs 38, or 0.12 per cent, to Rs 31,557 per 10 gram in a business turnover of 14,809 lots. READ MORE

MARKET: Sensex tanks 714 pts on global cues, state poll outcome uncertainty

NEW FUND OFFER Aditya Birla Sun Life AMC Limited (formerly known as Birla Sun Life Asset Management Company Ltd.), a subsidiary of Aditya Birla Capital Limited (formerly known as Aditya Birla Financial Services Ltd.), and investment manager to Aditya Birla Sun Life Mutual Fund (ABSLMF) announced the launch of Aditya Birla Sun Life Nifty Next 50 ETF (“the ETF”), an open ended scheme tracking Nifty Next 50 Index. The ETF offers investors an opportunity to invest in the next rung of 50 stocks below Nifty 50. The ETF will hold all the securities forming the Nifty Next 50 Index in the same proportion of the index.  The new fund offer would open for subscription on December 11, 2018 and would close at the end of business hours on December 17, 2018. The ETF will reopen for continuous sale and repurchase within five business days from the date of allotment. The investment objective of the scheme is to provide returns that closely correspond to the total returns of securities as represented by Nifty Next 50 Index, subject to tracking errors (Source: Company release)

MARKET: Sensex tanks 714 pts on global cues, state poll outcome uncertainty

SoftBank's blockbuster IPO reaches $23.5 billion after extra share sale    SoftBank Corp priced its initial public offering (IPO) at 1,500 yen per share and will sell an extra 160 million shares to meet solid demand, a regulatory filing showed, raising 2.65 trillion yen ($23.5 billion) in Japan's biggest-ever IPO. That makes the share sale one of the largest of all time globally, just shy of the record $25 billion that Chinese e-commerce firm Alibaba Group Holding Ltd raised in 2014. Read more

MARKET: Sensex tanks 714 pts on global cues, state poll outcome uncertainty

Brent oil rises after deal to cut supply, but 2019 outlook weakens   Brent crude oil futures rose on Monday after producer club OPEC and some non-affiliated suppliers last Friday agreed to a supply cut from January. Despite this, the price outlook for next year remains muted on the back of an economic slowdown. International Brent crude oil futures were at $62.03 per barrel, up 36 cents, or 0.6 per cent, from their last close. Read more

MARKET: Sensex tanks 714 pts on global cues, state poll outcome uncertainty

Nifty Financial Service index is trading 2% lower

MARKET: Sensex tanks 714 pts on global cues, state poll outcome uncertainty

Stocks that touched 52-week low on BSE500 COMPANY LATEST 52 WK LOW PREV LOW PREV DATE VOLUME ADVANCE. ENZYME. 167.25 165.00 166.10 09-OCT-2018 13061 AMARA RAJA BATT. 695.10 683.30 688.00 06-DEC-2018 16113 ASHOK LEYLAND 100.25 97.70 101.20 06-DEC-2018 1179392 B H E L 63.90 63.55 64.40 07-DEC-2018 665309 BAJAJ CORP 343.90 341.10 342.00 29-OCT-2018 2074 BALKRISHNA INDS 885.20 853.45 882.00 07-DEC-2018 50612 BHARAT FORGE 504.00 489.40 502.05 07-DEC-2018 80145 CIPLA 512.20 503.95 508.10 22-MAY-2018 63640 COAL INDIA 236.10 228.50 236.55 07-DEC-2018 233847 DEEPAK FERT. 138.25 135.85 141.25 07-DEC-2018 36390 Click here to read more

MARKET: Sensex tanks 714 pts on global cues, state poll outcome uncertainty

Jet Airways extends fall as ICRA downgrades credit rating   Shares of Jet Airways have slipped 6% to Rs 258 on Monday, extending its previous week’s 10% decline, after the rating agency ICRA on Friday downgraded cash-strapped airline's long-term ratings from 'B' to 'C', the second such action by it since October. The short-term ratings have, however, been reaffirmed to 'A4'. Jet Airways, the largest loser among aviation stocks, as compared to a 3% fall in SpiceJet and 2% decline in InterGlobe Aviation at 01:40 pm. In comparison, the S&P BSE Sensex was down 1.5% at 35,141 points. Read more  

MARKET: Sensex tanks 714 pts on global cues, state poll outcome uncertainty

S&P BSE Sensex top gainers and losers

First Published: Mon, December 10 2018. 08:05 IST
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MARKET: Sensex tanks 714 pts on global cues, state poll outcome uncertainty

Among sectoral indices, the Nifty Bank index settled 1.9 per cent lower weighed by Axis Bank, Punjab National Bank and ICICI Bank.

The benchmark indices settled around 2 per cent lower on Monday following a sell-off in the global markets and due to uncertainty over the outcome of state assembly elections, due on Tuesday. Exit polls, which came on Friday, predicted a tight finish between the Bharatiya Janata Party (BJP) and the Congress in Madhya Pradesh and Chhattisgarh and a win for the opposition party in Rajasthan. READ MORE HERE The S&P BSE Sensex ended at 34,960, down 714 points or 2 per cent, while the broader Nifty50 index settled at 10,488, down 205 points or 1.92 per cent. Among ...

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