three:forty seven p.m.: The Sensex subsequently closed 257 factors lower at 26,763 and Nifty declined 69points to shut at 8,204. (read)
three:08 p.m.: Sensex trades 241 points decrease at 26,779 and Nifty declines sixty four points to eight,208.
2:56 p.m.: stocks of Dr Reddy’s Laboratories fell as plenty as 2.24 per cent to hit intraday low of Rs 3,062 after Reuters suggested that an US agency has charged India’s 2d biggest pharma corporation for packaging lapses.(read)
2:15 p.m.: The inventory markets extended losses within the afternoon offers on the returned ofcontinuous selling in IT and FMCG stocks. The Sensex fell 307 points to 26,713 and Nifty declined 82factors to eight,one hundred ninety.
1:40 p.m.: marketplace breadth turned neutral as 1,190 shares had been advancing even as 1,192 weredeclining on the Bombay stock alternate.
1:12 p.m.: Broader markets preserve to outperform the benchmark indices. The BSE small-cap index becameup zero.22 consistent with cent and the mid-cap indx was down zero.eleven consistent with cent in comparison with zero.8 in keeping with cent decline in the Sensex. Vaibhav worldwide became the topgainer from this area, up sixteen per cent to Rs 294. MMTC, STC India, Hindustan Copper, ideal Industries and Raj television had been additionally a number of the gainers, up eleven.5-15.seventy fiveconsistent with cent each.
1:04 p.m.: The stock markets hold to witness selling stress. Sensex falls 230 points to 26,790 and Nifty declines 61 factors to 8,212.
12:fifty seven p.m.: pick PSU shares rallied these days amid buzz that these agencies should soonannounce buyback gives. MMTC surged 15 in keeping with cent to Rs forty four.eighty, kingdom tradingagency of India rose 12 in line with cent to Rs 102.80 even as Dredging employer of India superioreight.four in line with cent to Rs 415.70 to be pinnacle three gainers inside the BSE 500 index.(examine)
12:37 p.m.: lovable undies stocks rallied nearly 6 according to cent on Thursday, following Reliance Mutual Fund’s buy of shares inside the girls‘s inner–put on maker from open market yesterday.
In a filing to the Bombay inventory alternate, Reliance Nippon existence Asset control limited said that Reliance Capital Trustee agency received 7,94,937 shares or four.73 in line with cent stake in Bangalore-based totally cute lingerie.(read)
12:12 p.m.: IT index slips in addition, plunges nearly 2 in keeping with cent at the returned of losses in Infosys, TCS and Tech Mahindra.
11:36 a.m.: The inventory markets retain to exchange with a poor bias. Sensex falls 202 points to 26,818 and Nifty declines 53 points to 8,219.
11:24 a.m.: market breadth is marginally high quality as 1,one hundred thirty five stocks increase at the same time as 960 decline.
eleven:17 a.m.: stock markets maintain to trade with a bad bias. Sensex falls 180 factors to 26,841 and Nifty declines 49 factors to 8,224.
11:03 a.m.: selling stress in FMCG stocks picks up pace. The BSE FMCG index falls nearly 1 per cent; ITC, Hindustan Uniliver, Colgate Palmolive, Dabur, Emami, United Spirits, GSK client merchandise, Marico and KRBL have been among the losers.
10:51 a.m.: protecting stocks in India are very high priced as a few stocks have very excessive valuationof fifty times, says Mukul Kochhar, head of institutional sale, India at Investec Capital offerings (India) Pvt Ltd.
10:forty one a.m.: Infosys shares fell almost four consistent with cent on Thursday after the IT majorwarned about capacity volatility in revenue boom inside the coming quarters. Infosys additionallyindicated that its June area margins may also come under pressure due to earnings hikes.
“things have now not dramatically change considering the fact that q4, but given the unstable nature ofbusiness… there can be quick term or quarterly bumps up and down,” said Pravin Rao, chief workingofficer of Infosys at an investor conference hosted through Citi on Wednesday. (read)
10:34 a.m.: Lupin stocks fell over 2 according to cent on Thursday after the India’s 0.33–largest drugmaker recalled over fifty four,000 vials of anti-bacterial injection Ceftriaxone in US.
The injections, synthetic at Lupin’s Mandideep facility in Madhya Pradesh had been recalled because ofviolation of modern-day appropriate manufacturing norms.
10:24 a.m.: Oil & gas stocks have been witnessing buying hobby. The BSE Oil & gasoline index superior1 according to cent on the returned of gains in Cairn India, Bharat petroleum, Reliance Industries, ONGC, Oil India, HPCL, Indian Oil and GAIL India.
10:11 a.m.: select small-cap stocks had been also witnessing promoting stress. The BSE Small-cap index slipped 0.04 in step with cent; virtual global education turned into the pinnacle loser from this area, down 6 in step with cent to Rs 4.89. SRS Ltd, Prakash Steelage, Nyassa Corp, JMT auto, Picol and 3I Infotech had been also the various losers.
10:02 a.m.: IT stocks have been witnessing the heat of selling strain. The BSE IT index slumped 1.75 percent; Infosys, Tech Mahindra, TCS, Mindtree, Wipro, KPIT, NIIT technology and persistent structures werea few of the laggards.
nine:fifty six a.m.: Banking, realty, vehicle, capital goods, FMCG, pharma and IT shares reel beneathselling strain.
9:forty seven a.m.: Sensex extends losses, falls 171 factors to 26,849 and Nifty declines forty five factorsto 8,228.
9:37 a.m.: Mphasis changed into the top gainer from the mid-cap area, up 2.23 consistent with cent at Rs 562.ninety. Torrent electricity, Union bank, Tata international drinks, Bharat Electronics, Oriental bank oftrade, Adani energy, Allahabad bank and Torrent Pharma have been additionally some of the gainers, up 1.four-2 according to cent each.
9:23 a.m.: Sensex and Nifty edged lower in starting offers on Thursday tracking selling strain in IT shareson the lower back of strengthening rupee in opposition to the united states dollar.
At nine:20 a.m., the Sensex traded 89 points lower at 26,931 and Nifty turned into at eight,250, down 22points.
IT shares have been witnessing selling stress for 2nd day in a row on the returned of rupee gainingstrength towards the us dollar. The BSE IT index was the pinnacle sectoral loser, down 1.2 consistent with cent.
pick capital goods, healthcare, automobile and FMCG shares had been also witnessing selling stress.
in the meantime, the broader markets had been outperforming the benchmark indices. The BSE mid-cap and small-cap indices had been up zero.three per cent each.
From the Nifty50 basket of shares, 28 shares had been advancing at the same time as 23 had beendeclining.
Infosys turned into the pinnacle Nifty loser, the stock fell almost three consistent with cent to hit intraday low of Rs 1,203. Dr Reddy’s Labs, Lupin, HDFC, Hindustan Uniliver, ITC, Hero MotoCorp, Maruti Suzuki and Asian Paints have been also many of the prominent laggards, down 0.five-2.four in keeping with centeach.
however, Tata electricity became the pinnacle Nifty gainer, up 1.85 per cent at Rs 77. Bharat Petroleum, NTPC, Reliance Industries, Zee amusement and Axis financial institution have been additionally the various gainers.
tale first published on: June 09, 2016 09:23 (IST)
Tags: Sensex, Nifty, IT shares, US dollar, percentage marketplace, BSE, NSE, inventory Markets
