Sensex ends 157 points lower, Nifty below 10,750; Yes Bank soars 30%
14 February 2019
Market at close: Benchmark indices continued their downtrend momentum on Thursday with Nifty finished below 10,750 level.
At the close, the Sensex was down 157.89 points at 35876.22, while Nifty was down 47.70 points at 10746. About 1167 shares have advanced, 1344 shares declined, and 121 shares are unchanged.
Yes Bank, Indiabulls Housing, Zee Entertainment, JSW Steel and Tata Motors were the top gainers, while IOC, BPCL, Hindalco, Bharti Airtel and Gail among major losers on the Nifty.
Among sectors, energy, IT and metal stocks witnessed selling pressure, while some buying interest seen in auto, bank, infra and pharma sectors.
Market Update: Sensex is down 223.21 points or 0.62% at 35810.90, and the Nifty down 71.30 points or 0.66% at 10722.40. About 878 shares have advanced, 1408 shares declined, and 109 shares are unchanged.
Rupee Update: The rupee has been volatile in day's trade and is currently trading lower at 70.88 per US dollar, down 0.11 percent.
Market Update: Sensex is down 106.37 points or 0.30% at 35927.74, and the Nifty down 44.00 points or 0.41% at 10749.70. About 791 shares have advanced, 1,180 shares declined, and 84 shares are unchanged.
Yes Bank is up about 21%, much below its day's high. Other gainers are Hero Motocorp (2.7%) and Indiabulls Housing (4%). HPCL (4.5%), Indian Oil (3.7%) and Bharti Airtel (3.3%) are the biggest index losers.
Buzzing: Share price of Bosch rose 3 percent after company reported better numbers for the quarter ended December 2018.
The company's third quarter profit grew by 19.3 percent year-on-year to Rs 335.4 crore.
L&T wins order: The construction arm of L&T has won orders across its power transmission & distribution (PT&D) business and water & effluent treatment business.
Market Opens: Benchmark indices are trading lower on the Thursday morning with Nifty hovering around 10,750 level.
At 09:18 hrs IST, the Sensex is down 52.52 points at 35981.59, while Nifty is down 26.20 points at 10767.50. About 304 shares have advanced, 495 shares declined, and 30 shares are unchanged.
Karur Vysya Bank, IOC, BPCL, HPCL, Reliance Capital, Repco Home Finance, DHFL, RIL, Kotak Mahindra Bank are among major losers, while Yes Bank is up 27 percent, while Tata Motors, L&T are other major gainers.
Market at pre-open: Benchmark indices are flat in the pre-opening session with Nifty trading below 10,800 level.
At 09:02 hrs IST, the Sensex is up 46.15 points at 36080.26, while Nifty is down 2.20 points at 10791.50.
DHFL, CG Power, 8k Miles, Dish TV, Adani Power, Rel Infra are among major losers in the pre-opening session
Asian markets trade mixed: Asian stock markets started in a cautious mood on Thursday as investors hoped for progress in the latest Sino-US tariff talks while bracing for China trade data that are expected to show further falls in both exports and imports.
Wall Street ends higher: Wall Street closed higher on Wednesday as investor optimism was stoked over hopes the United States and China could iron out a trade deal, and benign inflation data suggested the Federal Reserve would hold interest rates steady in the near term.