Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » Business
1-min read

Sensex Drops Over 200 Points; Reliance Industries Soar to 8 Per Cent

The 30-share index was trading 240.75 points or 0.64 per cent down at 37,341.16 at 0930 hours; and the broader Nifty fell 62.80 points or 0.57 per cent to 11,046.85 in morning trade.

PTI

Updated:August 13, 2019, 9:58 AM IST
facebookTwitterskypewhatsapp
Sensex Drops Over 200 Points; Reliance Industries Soar to 8 Per Cent
Image for Representation.
Loading...

Mumbai: Domestic equity benchmark BSE Sensex dropped over 200 points in early trade on Tuesday, dragged by losses in index heavyweights HDFC twins, Infosys and ITC, amid weak global cues.

Shares of Reliance Industries (RIL), however, capped the losses on the index by rallying over 8 per cent.

The 30-share index was trading 240.75 points or 0.64 per cent down at 37,341.16 at 0930 hours; and the broader Nifty fell 62.80 points or 0.57 per cent to 11,046.85 in morning trade.

In the previous session on Friday, the 30-share index settled 254.55 points or 0.68 per cent higher at 37,581.91. The broader NSE Nifty jumped 77.20 points or 0.70 per cent to 11,109.65.

Financial markets were closed on Monday on account of Bakri Id.

Top losers in the Sensex pack during early trade included NTPC, Bharti Airtel, M&M, HDFC, HDFC Bank, Maruti, TechM, Infosys, PowerGrid, L&T and ITC, cracking up to 4.45 per cent.

On the other hand, RIL rallied to become the biggest gainer, after Mukesh Ambani on Monday announced plans to sell stakes in the firm's oil and chemicals business to Saudi oil giant Aramco and in fuel retail network to BP plc for Rs 1.15 lakh crore, and said its telecom unit Jio will begin offering fibre-based broadband services from next month.

Tata Motors, Tata Steel, Sun Pharma, ONGC, Yes Bank, Hero MotoCorp and Asian Paints were the other gainers, rising up to 2 per cent.

Foreign portfolio investors bought shares worth a net of Rs 203.73 crore on Friday, while domestic institutional investors (DIIs) purchased shares worth Rs 606.92 crore, provisional data showed.

Elsewhere in Asia, Hang Seng, Kospi, Shanghai Composite Index and Nikkei were trading in significantly lower in their respective late morning sessions.

On the other hand, bourses on Wall Street ended lower on Monday.

The rupee, meanwhile, depreciated 30 paise against its previous close to trade at 71.08 in early session.

Brent crude futures, the global oil benchmark, slipped 0.15 per cent to trade at 58.49 per barrel

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Subscribe to Moneycontrol Pro and gain access to curated markets data, trading recommendations, equity analysis, investment ideas, insights from market gurus and much more. Get Moneycontrol PRO for 1 year at price of 3 months. Use code FREEDOM.

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 59.30 -9.33
LIC Housing Fin 424.80 -8.33
DLF 149.05 -13.14
Indiabulls Hsg 451.75 -6.58
Maruti Suzuki 6,247.45 0.30
Company Price Change %Gain
LIC Housing Fin 424.55 -8.44
Yes Bank 58.35 -10.78
DLF 149.00 -13.17
Indiabulls Hsg 451.00 -6.60
Tata Steel 337.00 -1.76
Top Gainers
Company Price Change %Gain
Britannia 2,452.45 2.85
TCS 2,231.10 2.05
Dr Reddys Labs 2,547.30 1.77
HUL 1,874.25 1.31
Tech Mahindra 680.05 1.08
Company Price Change %Gain
TCS 2,231.00 2.07
HUL 1,874.75 1.34
HCL Tech 1,080.45 0.81
Maruti Suzuki 6,248.00 0.40
Bharti Airtel 354.30 -0.10
Top Losers
Company Price Change %Gain
Indiabulls Hsg 451.80 -6.57
Yes Bank 58.30 -10.86
UPL 516.85 -3.55
Bajaj Finserv 6,848.50 -4.16
Vedanta 127.15 -9.15
Company Price Change %Gain
Yes Bank 58.35 -10.78
Vedanta 127.20 -9.08
Coal India 178.80 -5.27
Tata Motors 107.90 -3.92
Hero Motocorp 2,643.25 -2.61

Live TV

Loading...
Countdown To Elections Results
To Assembly Elections 2018 Results