Wednesday, August 10, 2022
  • About
  • Advertise
  • Careers
Scoftware Magazine
  • Home
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Entertainment
  • Login
No Result
View All Result
Scoftware Magazine
Home Business

Sensex tanks over 600 points in early trade; SBI, Axis Bank Bajaj Auto among top losers

Jaleel M. by Jaleel M.
March 15, 2021
in Business
0
Sensex tanks over 600 points in early trade; SBI, Axis Bank Bajaj Auto among top losers
0
SHARES
12
VIEWS
Share on FacebookShare on Twitter


The BSE index was trading 630.51 points or 1.24 percent lower, and the NSE Nifty was quoting 184.15 points or 1.23 percent down at 14,846.80

Related posts

10 grams of 24-carat stands at Rs 50,790; silver at Rs 61,200 per kilogram  

10 grams of 24-carat stands at Rs 50,790; silver at Rs 61,200 per kilogram  

May 18, 2022
How will you get tax benefits under new I-T rules for charitable organisations? Read on to find out

How will you get tax benefits under new I-T rules for charitable organisations? Read on to find out

May 17, 2022

Mumbai: Equity benchmark Sensex tumbled over 600 points in opening trade on Monday, tracking losses in financial stocks amid foreign fund outflows. The 30-share BSE index was trading 630.51 points or 1.24 percent lower at 50,161.57, and the broader NSE Nifty was quoting 184.15 points or 1.23 percent down at 14,846.80.

SBI was the top loser in the Sensex pack, shedding around 2 percent, followed by M&M, Dr Reddy’s Lab, Bajaj Auto, Axis Bank, Bajaj Finance and Kotak Bank. On the other hand, Tech Mahindra and PowerGrid were the gainers.

In the previous session on Friday, the Sensex had ended 487.43 points or 0.95 percent lower at 50,792.08, and Nifty tanked 143.85 points or 0.95 percent to end at 15,030.95. Foreign institutional investors (FIIs) were net sellers in the capital market as they sold shares worth Rs 942.60 crore, as per exchange data.

According to Binod Modi Head-Strategy at Reliance Securities, a sharp increase in CPI print for February and unexpected contraction in IIP data for January are expected to weigh on investors’ sentiments. Further, sharp increase in US treasury yields and recent spike in fresh COVID-19 cases in various parts of the country are likely to keep markets volatile in the near term, he said.

Elsewhere in Asia, bourses in Shanghai and Seoul were in the red, while Hong Kong and Tokyo were trading on a positive note in mid-session deals. Meanwhile, the global oil benchmark Brent crude was trading 0.74 percent higher at USD 69.73 per barrel. .

Subscribe to Moneycontrol Pro at ₹499 for the first year. Use code PRO499. Limited period offer. *T&C apply



Source link

Previous Post

2021 may be the best year for Apple’s Macs: Report

Next Post

Kalyan Jewellers IPO: Price band, size and other important details for investors

Next Post
Kalyan Jewellers IPO: Price band, size and other important details for investors

Kalyan Jewellers IPO: Price band, size and other important details for investors

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Attic Lights frontman Kev Sherry releases solo single ‘Feel Good Movie Of The Year’

Attic Lights frontman Kev Sherry releases solo single ‘Feel Good Movie Of The Year’

2 years ago
Martina Petric releases empowering visual to Violent –

Martina Petric releases empowering visual to Violent –

2 years ago
Jen Atkin Applauds Protester Who Made Her Billboard Even Better

Jen Atkin Applauds Protester Who Made Her Billboard Even Better

2 years ago
Hugh Downs, Former Today Host, Dead at 99

Hugh Downs, Former Today Host, Dead at 99

2 years ago

FOLLOW US

  • 116 Followers
  • 29.5k Followers
  • 174k Subscribers

BROWSE BY CATEGORIES

  • Business
  • Culture
  • Entertainment
  • Lifestyle
  • Music
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Tech
  • Travel
  • World News

BROWSE BY TOPICS

2018 League Balinese Culture Bali United Budget Travel Champions League Chopper Bike Doctor Terawan Istana Negara Market Stories National Exam Visit Bali

POPULAR NEWS

  • Charles B and Kamil Ghaouti Collaborate on Groovy New Track “You’re Not Mine,” featuring LauraBrown. Out on Protocol Recordings

    Charles B and Kamil Ghaouti Collaborate on Groovy New Track “You’re Not Mine,” featuring LauraBrown. Out on Protocol Recordings

    0 shares
    Share 0 Tweet 0
  • Kris Jenner Spills Details About Her Sex Life With Corey Gamble: Watch

    0 shares
    Share 0 Tweet 0
  • Sam Heughan & Graham McTavish Are Men in Kilts for Travel Show

    0 shares
    Share 0 Tweet 0
  • Salted vs. Unsalted Pistachios

    0 shares
    Share 0 Tweet 0
  • Common Saints Release New Single “Idol Eyes”

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2020 Scoftware.com

No Result
View All Result
  • Home
  • Politics
  • Business
  • Culture
  • National
  • Sports
  • Lifestyle
  • Travel
  • Opinion

© 2020 Scoftware.com

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Terms and Conditions - Privacy Policy