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.


Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence


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, Nifty Open Lower on Weak Domestic, Global Cues

The BSE gauge Sensex fell 61.88 points to trade at 37,028 in early deals, while the NSE Nifty declined 18.45 points to 11,129.75.


Updated:May 14, 2019, 10:05 PM IST

Mumbai: Domestic equity benchmarks BSE Sensex and NSE Nifty started on a choppy note Tuesday tracking downbeat global market sentiment and foreign fund outflows.

The BSE gauge Sensex fell 61.88 points to trade at 37,028 in early deals, while the NSE Nifty declined 18.45 points to 11,129.75.

On Monday, Indian bourses registered losses for the ninth consecutive session.

In the last nine sessions, the Sensex has lost 1,940.73 points and the Nifty has given away nearly 600 points.

Top gainers in early session were Vedanta, Sun Pharma, RIL, ICICI Bank, Tata Motors, IndusInd Bank, ITC, Bharti Airtel, PowerGrid rising up to 2.85 per cent.

On the other hand, Bajaj Auto, Asian Paints, Tata Steel, ONGC, Infosys, HCL Tech, HDFC, Coal India, Yes Bank, TCS, Bajaj Finance, NTPC, Axis Bank, were among the top losers, shedding up to 1.74 per cent.

Indian bourses are facing headwinds both on domestic and global front as weak macroeconomic scenario, concerns over health of NBFC sector, US-China trade tensions and uncertainty over Lok Sabha poll outcome have been keeping investors jittery for past many sessions, according to market experts.

Meanwhile, the Indian rupee was trading five paise higher at 70.46 against the US dollar in opening deals Tuesday.

In Asia, all leading bourses witnessed mild to heavy sell-offs on Tuesday after US-China trade war further intensified.

In a retaliatory move, China on Monday said it would raise tariffs on US goods worth nearly USD 60 billion.

Brent Futures, global crude oil benchmark, traded higher at USD 70.30 per barrel, up 0.10 per cent, on concerns about supply disruptions in view of geo-political tensions in the crucial oil producing region of the Middle East.

In recent months, the country's financial system has been grappling with multiple woes in the wake of the turmoil at diversified IL&FS group as well as default by some other large entities.

Sunil Sharma, Chief Investment Officer, Sanctum Wealth Management, said, "apart from global concerns, Indian markets are also worried about the liquidity crunch on the ground affecting both, investments and consumption in the country."

Foreign institutional investors (FIIs) net sold equities worth Rs 1,056.01 crore on Monday, while domestic institutional investors (DIIs) purchased shares to the tune of Rs 1,057.91 crore, as per provisional data.

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

Read full article
Next Story
Next Story

Also Watch

Most Active
Company Price Change %Gain
BPCL 512.70 4.57
Bajaj Finance 3,954.95 1.95
Reliance 1,370.00 0.43
Infosys 770.55 0.29
ACC 1,532.30 2.29
Company Price Change %Gain
BPCL 513.20 4.68
Ajanta Pharma 962.05 0.78
Indiabulls Hsg 189.65 0.32
MCX India 1,053.90 3.66
Bajaj Finance 3,955.00 1.93
Top Gainers
Company Price Change %Gain
BPCL 512.60 4.55
Zee Entertain 261.20 4.19
Grasim 728.05 3.46
Wipro 249.90 2.57
Bajaj Finance 3,954.95 1.95
Company Price Change %Gain
Bajaj Finance 3,955.00 1.93
ICICI Bank 438.50 1.58
Coal India 193.45 1.12
Bajaj Auto 3,044.00 1.15
Yes Bank 41.00 0.99
Top Losers
Company Price Change %Gain
Adani Ports 404.00 -2.36
Vedanta 150.20 -2.15
Hindalco 189.40 -1.64
Cipla 439.90 -1.49
Titan Company 1,258.55 -1.07
Company Price Change %Gain
Vedanta 150.25 -2.09
Power Grid Corp 199.60 -0.87
Maruti Suzuki 6,927.05 -0.87
ITC 245.00 -1.01
Asian Paints 1,786.95 -0.86

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results