LIVE TV DownloadNews18 App
News18 English
»
1-min read

Sensex, Nifty Erase Gains After Hitting Record Highs

The 30-share BSE index spurted 124.21 points, or 0.32 per cent, to hit a new high of 38,402.96, surpassing its previous record of 38,340.69 marked on Monday.

PTI

Updated:August 21, 2018, 10:09 AM IST
facebookTwittergoogleskypewhatsapp
Sensex, Nifty Erase Gains After Hitting Record Highs
Representative image/Reuters
Loading...
Mumbai: Benchmark indices Sensex and Nifty erased early gains after hitting record highs in opening trade ahead of US-China trade talks.

The 30-share BSE index spurted 124.21 points, or 0.32 per cent, to hit a new high of 38,402.96, surpassing its previous record of 38,340.69 marked on Monday.

The index, however, turned choppy and was trading 9.19 points, or 0.02 per cent, lower at 38,269.56 at 0945 hrs.

The gauge has gained 615.19 points in the past two sessions.

The 50-share NSE Nifty also rose 30 points, or 0.25 per cent, to hit a fresh high of 11,581.785, breaking it previous record of 11,565.30 hit yesterday.

The index also turned volatile, and was trading 6.15 points, or 0.05 per cent, lower at 11,545.60 at 0945 hrs.

US President Donald Trump's comments on manipulation of currencies by China and Europe ahead of the resumption of trade talks between US and China weighed on global investor sentiment, traders said.

Top losers include Vedanta, Tata Steel, ICICI Bank, SBI, Bharti Airtel and ONGC, falling up to 1 per cent.

Major gainers were Coal India, Wipro, Asian Paints, Bajaj Auto, HDFC Bank and ITC, rising up to 1.16 per cent.

Meanwhile, domestic institutional investors (DIIs) bought shares worth a net of Rs 593.22 crore, while foreign portfolio investors (FPIs) sold shares worth a net of Rs 483.04 crore yesterday, provisional data showed.

Elsewhere in Asia, Japan's Nikkei rose 0.15 per cent, Shanghai Composite Index was up 1.43 per cent and Hong Kong's Hang Seng gained 0.39 per cent in early trade.

The US Dow Jones Industrial Average ended 0.35 per cent higher on Monday.

Catch the biggest newsmakers and the biggest newsbreaks on CNN-News18, the only news destination. Keep watching CNN-News18 at just 50 paise per month. Contact your cable/DTH operator now!

*Rental/capacity fee of Rs. 130/- as charged by cable/DTH operator may apply. **GST extra.
| Edited by: Zoya Mateen
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Reliance 1,237.70 4.50
Sun Pharma 398.30 1.93
Kotak Mahindra 1,267.60 2.21
Larsen 1,314.55 -0.25
HDFC Bank 2,148.15 0.84
Company Price Change %Gain
Reliance 1,234.50 4.36
ICICI Bank 371.25 -0.17
Sun Pharma 398.35 1.94
Kotak Mahindra 1,267.30 2.42
Yes Bank 192.10 -3.10
Top Gainers
Company Price Change %Gain
Reliance 1,237.70 4.50
Kotak Mahindra 1,267.60 2.21
Bajaj Finserv 6,384.55 2.15
Bajaj Finance 2,594.20 2.02
Sun Pharma 398.30 1.93
Company Price Change %Gain
Reliance 1,234.50 4.36
Kotak Mahindra 1,267.30 2.42
Sun Pharma 398.35 1.94
Bajaj Finance 2,588.90 1.89
Infosys 742.75 1.61
Top Losers
Company Price Change %Gain
Hero Motocorp 2,794.25 -3.61
Yes Bank 191.95 -3.35
Wipro 337.80 -2.41
Maruti Suzuki 7,208.40 -2.03
IOC 135.65 -1.60
Company Price Change %Gain
Hero Motocorp 2,794.50 -3.40
Yes Bank 192.10 -3.10
Maruti Suzuki 7,200.95 -2.07
Bajaj Auto 2,685.45 -1.14
ONGC 144.75 -1.03

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results