Saturday, April 10, 2021
  • 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
5
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

Market Roundup: Nifty, Sensex snap three-day winning streak as banks, finance stocks slide; today’s top gainers and losers

Market Roundup: Nifty, Sensex snap three-day winning streak as banks, finance stocks slide; today’s top gainers and losers

April 9, 2021
Market Roundup: Sensex ends 84 pts higher after choppy day; check the top gainers and losers here

Market Roundup: Sensex ends 84 pts higher after choppy day; check the top gainers and losers here

April 8, 2021

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

Coronavirus: NSW’s border with Victoria closing amid surge in cases, Australia/NZ News & Top Stories

Coronavirus: NSW’s border with Victoria closing amid surge in cases, Australia/NZ News & Top Stories

9 months ago
B.SUAVE UNLEASHES ‘DISTRACTIONS’

B.SUAVE UNLEASHES ‘DISTRACTIONS’

8 months ago
SAINT LANE FUSES GENRES IN THE VULNERABLE ‘WHEN DID WE GROW UP?’ FEATURING ROBBIE MILLER –

SAINT LANE FUSES GENRES IN THE VULNERABLE ‘WHEN DID WE GROW UP?’ FEATURING ROBBIE MILLER –

11 months ago
Modi lays foundation stone for Ayodhya temple, says ‘long wait ended’, South Asia News & Top Stories

Modi lays foundation stone for Ayodhya temple, says ‘long wait ended’, South Asia News & Top Stories

8 months ago

FOLLOW US

  • 85 Followers
  • 29.5k Followers
  • 113k 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

  • Kris Jenner Spills Details About Her Sex Life With Corey Gamble: Watch

    Kris Jenner Spills Details About Her Sex Life With Corey Gamble: Watch

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

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

    0 shares
    Share 0 Tweet 0
  • KRISTIN LASH & JAKOB GREY Team Up On “Sleeping With The Lights On”

    0 shares
    Share 0 Tweet 0
  • SEVENTEEN REVEALS PROMOTION SCHEDULE FOR ; SEMICOLON

    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