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 Tanks 164 Points on Asian Cues, Nifty Drops 49.35 Points

The benchmark BSE Sensex lost over 164 points to 29,763.02 in early trade on Friday as RIL led the fall on increased selling by participants amid a weak trend in other Asian markets.

PTI

Updated:April 7, 2017, 10:32 AM IST
facebookTwitterskypewhatsapp
File photo of Bombay Stock Exchange.
File photo of Bombay Stock Exchange.
Loading...

Mumbai: The benchmark BSE Sensex lost over 164 points to 29,763.02 in early trade on Friday as RIL led the fall on increased selling by participants amid a weak trend in other Asian markets.

The 30-share index fell 164.32 points or 0.54 per cent to 29,763.02 with sectoral indices led by healthcare, FMCG, metal, power and capital goods, were trading in the negative territory with losses up to 0.61 per cent.

The gauge had lost 40.90 points in the previous session after the Reserve Bank left the key policy rate unchanged, in line with Street expectations.

The 50-share NSE Nifty also dropped by 49.35 points or 0.53 percent to 9,212.60.

Brokers said continued selling by participants, tracking a weak trend in other Asian markets as US missile strike against Syria fuelled geopolitical concern, dampened sentiments.

Shares of Reliance Industries were quoting 1.75 percent lower at Rs 1,413.15 after Telecom regulator Trai yesterday ordered Mukesh Ambani-led Reliance Jio to withdraw the three-month 'complimentary' offer of unlimited data usage and free calls on payment of a minimum Rs 303.

Other losers were Sun Pharma, Adani Ports, Power Grid, Coal India, HDFC Ltd, ITC Ltd, Tata Motors and Lupin, falling by up to 2.38 percent on profit-booking.

Among other Asian markets, Japan's Nikkei fell 0.10 percent while Hong Kong's Hang Seng shed 0.67 per cent in early trade today. Shanghai Composite Index, however, up 0.19 percent.

The US Dow Jones Industrial Average closed 0.07 percent higher in yesterday's trade.

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.

| Edited by: Puja Menon
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Reliance 1,210.75 -1.21
BPCL 380.00 -6.99
Maruti Suzuki 6,412.75 -0.58
Yes Bank 67.05 -2.19
HDFC 2,046.75 -1.78
Company Price Change %Gain
Kotak Mahindra 1,483.55 0.00
HDFC Bank 2,256.25 0.00
Biocon 232.55 0.00
HDFC 2,085.65 0.00
Graphite India 311.70 0.00

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results