Sensex down over 500 points
Mumbai/UNI: The BSE Sensex on Friday dropped 507.26 points below 60,000 at 59,697.80 in opening trade on weak global peers.
The Nifty too slid 134 pts at 17,757.50.
The sensex registered intra day high and low at 60,166.90 and 59,543.01 pts respectively.
The Nifty recorded intra day high and low at 17,884.75 and 18,715.55 pts respectively.
The Mid Cap fell by 0.51 pc and small Cap by 0.79 pc.
The sensex which was slumped over 700 pts on Wednesday, remained under pressure today too, as there was no trading on Thursday for 'Republic Day'.
The sectoral indices that fell were Telecommunications, Utilities and Bankex stocks.
The losers were ICICI Bank by 2.66 pc to Rs 832.55, HDFC by 2.17 pc to Rs 2651.35, Axis Bank by 1.83 pc to Rs 875.40 and SBI by 1.83 pc to Rs 558.40.
The gainers were Tata Motors by 7.08 pc to Rs 448.65, ITC by 2.62 pc to Rs 348.55, M& M by 1.78 pc to Rs 1334.70 and Tata Steel by 0.16 pc to Rs 122.40.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles
CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.
JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.
LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).
De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News
Narendra Modi praises Donald Trump as Hamas agrees to release Israeli hostages
PM Modi to unveil ₹62,000 crore youth-centric initiatives tomorrow; big push for education, jobs
'Will erase from map if terror continues': Army Chief’s stern warning to Pakistan
'Accept by Sunday 6 pm or all hell will break loose': Donald Trump issues ultimatum to Hamas
