The Sensex and the Nifty were trading down by over 1.07 per cent at the pre-close ession on Wednesday owing to heavy selling in banking, capital goods, consumer durables and metal stocks.
Domestic sentiment was dampened after the Reserve Bank of India had yesterday announced additional liquidity tightening measures to check the rupee slide.
At 3.03 p.m., the 30-share BSE index Sensex was down 219.50 points (1.08 per cent) at 20,082.63 and the 50-share NSE index Nifty was down 90.1 points (1.48 per cent) at 5,987.70.
Among BSE sectoral indices, banking and capital goods indices succumbed to heavy selling pressure and were down 4.61 per cent and 2.9 per cent, respectively, followed by consumer durables 2.32 per cent and metal 2.06 per cent.
On the other hand, IT and TECk found investors' support and were up 1.12 per cent and 1.08 per cent, respectively.
Among 30-share Sensex, Bharti Airtel, TCS, Wipro, Cipla and Sun Pharma were the top five gainers, while the top five losers were Jindal Steel, L&T, HDFC Bank, ICICI Bank and HDFC.
European stocks rose, after the benchmark index fell from a seven-week high, as companies from Volvo AB to EasyJet Plc released financial results.
Stoxx 50 was up 19.93 points or 0.73 per cent at 2,742.83, FTSE 100 rose 41.51 points or 0.63 per cent to 6,638.95 and DAX climbed 41.35 points or 0.5 per cent to 8,355.58.
Asian shares were down, with the regional benchmark index retreating from a two-month high, after a data showed China’s factory output dropped in July.
Initial reading of 47.4 for Purchase Managers Index by HSBC showed that the manufacturing output in China fell to an 11-month low.
In the Asian trade, Nikkei fell 109.32 points or 0.74 per cent to 14,669.20, Hang Seng shed 62 points or 0.28 per cent to 21,853.40 and S&P/ASX 200 was up 17.89 points or 0.36 per cent at 5,035.
Also, investors remained cautious as they have to wait until September for the US Federal Bank to reveal its intentions on the $85-billion-a-month stimulus package.
Domestic sentiment was dampened after the Reserve Bank of India had yesterday announced additional liquidity tightening measures to check the rupee slide.
At 3.03 p.m., the 30-share BSE index Sensex was down 219.50 points (1.08 per cent) at 20,082.63 and the 50-share NSE index Nifty was down 90.1 points (1.48 per cent) at 5,987.70.
Among BSE sectoral indices, banking and capital goods indices succumbed to heavy selling pressure and were down 4.61 per cent and 2.9 per cent, respectively, followed by consumer durables 2.32 per cent and metal 2.06 per cent.
On the other hand, IT and TECk found investors' support and were up 1.12 per cent and 1.08 per cent, respectively.
Among 30-share Sensex, Bharti Airtel, TCS, Wipro, Cipla and Sun Pharma were the top five gainers, while the top five losers were Jindal Steel, L&T, HDFC Bank, ICICI Bank and HDFC.
European stocks rose, after the benchmark index fell from a seven-week high, as companies from Volvo AB to EasyJet Plc released financial results.
Stoxx 50 was up 19.93 points or 0.73 per cent at 2,742.83, FTSE 100 rose 41.51 points or 0.63 per cent to 6,638.95 and DAX climbed 41.35 points or 0.5 per cent to 8,355.58.
Asian shares were down, with the regional benchmark index retreating from a two-month high, after a data showed China’s factory output dropped in July.
Initial reading of 47.4 for Purchase Managers Index by HSBC showed that the manufacturing output in China fell to an 11-month low.
In the Asian trade, Nikkei fell 109.32 points or 0.74 per cent to 14,669.20, Hang Seng shed 62 points or 0.28 per cent to 21,853.40 and S&P/ASX 200 was up 17.89 points or 0.36 per cent at 5,035.
Also, investors remained cautious as they have to wait until September for the US Federal Bank to reveal its intentions on the $85-billion-a-month stimulus package.
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