Sensex bleeds 427 pts, Nifty ends at 8648
- Sensex bleeds 427 pts, Nifty ends at 8648
- SAT quashes SEBI order against DLF; stock rises 9%
- DIPP gives more clarity on construction FDI norms
- Bajaj Auto slips 2%, CLSA retains underperform & cuts EPS
- Precision Camshafts files draft papers with Sebi for IPO
- Intel cuts revenue forecast as desktop demand weakens
- The world's unluckiest day spooked the Sensex, which slipped by as much as 427 points in trade, weighed down by banking stocks after data showed that consumer inflation has edged up. The numbers raised concerns about rate cuts and sent bond yields higher.
- The S&P BSE index closed 1.48 percent lower or 427.11 points at 28,503.30 after gaining as much as 0.9 percent earlier in trade today. However, on a weekly basis the benchmark index recorded a fall of 945 points or 3.2 per cent from its closing value of 29448.95 recorded on 5th March 13, 2015.
- The 50-share Nifty index finally closed at 8647.75, down 1.4 per cent or 128.25 points. For the week, the index posted a loss of 290 points or 3.24 per cent, from its closing value of 8937.75 recorded on 5 March 2015.
- The benchmark index has already slipped as much as 1521 points from its record high of 30024.74 hit earlier in the month of March. Pressure on rupee, concerns over key bills and sooner-than-expected interest rate hike by the US Federal Reserve made investors cautious.
No comments:
Post a Comment