GET Stock QuotesNews18 APP
News18 English
Powered by cricketnext logo
»
1-min read

Sensex Slips 131 Points in Early Trade, PNB Shares Drop Another 5 Percent

Shares PNB remained under selling pressure and lost another 5.25 per cent.

PTI

Updated:February 19, 2018, 10:24 AM IST
facebookTwittergoogleskypewhatsapp
Sensex Slips 131 Points in Early Trade, PNB Shares Drop Another 5 Percent
File photo of Bombay Stock Exchange.
Mumbai: The benchmark BSE Sensex slipped below the 34,000-mark by falling nearly 131 points in early trade today, extending Friday's losses as investors cut bets amid weak domestic sentiment and absence of Asian cues.

The 30-share barometer dropped by 130.54 points, or 0.38 per cent, to 33,880.22 in early trade led by fall in Tata Steel, SBI, Reliance Industries and L&T.

The gauge had lost 286.71 points in the previous on Friday.

The Nifty50 index also fell 47.40 points, or 0.45 per cent, at 10,404.90.

Brokers said investors trimmed positions on distinctly weak sentiment since the detection of a massive Rs 11,400-crore fraud at state-run Punjab National Bank (PNB).

Shares PNB remained under selling pressure and lost another 5.25 per cent.

Other laggards were Tata Steel, SBI, L&T, IndusInd Bank, Adani Ports, M&M, Hindustan Unilever, Bharti Airtel, Asian Paint, Bajaj Auto, Yes Bank, ONGC, Coal India and Reliance Industries, falling up to 3.22 per cent.

Meanwhile, foreign portfolio investors (FPIs) continued selling on domestic bourses. On net basis, they sold shares worth Rs 1,065.99 crore, while domestic institutional investors (DIIs) made purchases to the tune of Rs 1,127.78 crore on Friday, provisional data showed.

Globally, in the Asian region, Japan's Nikkei rose 1.33 per cent, while markets in Hong Kong and China remained shut today on account of a public holiday.

The US Dow Jones Industrial Average ended 0.08 per cent higher on Friday.

Also Watch

| Edited by: Puja Menon
Read full article
Most Active
Company Price Change %Gain
Bajaj Finance 2,149.65 +83.15 +4.02
Reliance Comm 15.30 -1.10 -6.71
Voltas 551.75 -31.45 -5.39
Maruti Suzuki 8,510.95 -186.55 -2.14
Bajaj Auto 2,787.50 -27.95 -0.99
Company Price Change %Gain
Reliance Comm 15.35 -1.20 -7.25
Bajaj Finance 2,143.70 +76.45 +3.70
Dabur India 375.00 +3.70 +1.00
Maruti Suzuki 8,512.55 -197.25 -2.26
Cadila Health 369.65 -17.20 -4.45
Top Gainers
Company Price Change %Gain
Bajaj Finance 2,149.65 +83.15 +4.02
Bajaj Finserv 5,729.80 +160.55 +2.88
Tech Mahindra 692.95 +17.15 +2.54
HUL 1,605.80 +36.00 +2.29
Kotak Mahindra 1,294.40 +23.70 +1.87
Company Price Change %Gain
HUL 1,604.10 +34.85 +2.22
Kotak Mahindra 1,294.25 +25.25 +1.99
ITC 282.15 +3.15 +1.13
IndusInd Bank 1,926.20 +12.95 +0.68
TCS 3,502.35 +9.65 +0.28
Top Losers
Company Price Change %Gain
Cipla 533.05 -20.70 -3.74
Wipro 268.90 -9.45 -3.40
ICICI Bank 286.10 -9.90 -3.34
Indiabulls Hsg 1,139.05 -39.05 -3.31
Tata Motors 304.60 -10.30 -3.27
Company Price Change %Gain
Larsen 1,316.05 -48.25 -3.54
ICICI Bank 286.40 -9.50 -3.21
Sun Pharma 464.70 -15.40 -3.21
Tata Motors 305.25 -9.90 -3.14
Tata Steel 591.50 -18.55 -3.04