At 9:46 am (IST), the BSE Sensex was trading at 20,452, down 195 points over the previous close, while NSE Nifty was quoting at 6,055, down 64 points over the previous close.
The BSE Small-Cap index and BSE Mid- Cap index was trading down at 1%.
Bharti Airtel, Tata Motors are among gainers in Sensex and Nifty.
RIL, Wipro, Infosys, TCS,ONGC, Coal India, Gail India, ICICI Bank, HDFC, Hero MotoCorp, Maruti, Jindal Steel, HDFC Bank, Tata Power, Cipla, Tata Steel, Mahindra & Mahindra, are among losers in Sensex and Nifty.
Teck, FMCG, Metal, PSU, IT, Capital Goods, Consumer Durables, Realty, Oil and gas, Power indices are the losers
On expected lines, the Federal Reserve has decided to cut its bond purchases by another US$10 billion. Investors were expecting some comment on the recent crisis in emerging market but not a word was mentioned on the same. Speculation was that the Fed could put on hold its tapering given the emerging market jitters.
The Dow fell 190 points. The S&P 500 and the Nasdaq both fell more than 1%. Asian markets are bleeding. Japan's Nikkei is down over 3% while Hong Kong's Hang Seng has lost over 1.5%.
Meanwhile, US investors were hoping the Fed would make some mention about the recent issues regarding the weakening currencies of emerging markets. RBI governor Raghuram Rajan meanwhile said the repo rate hike was aimed at lowering inflationary pressures adding that the hike would have happened whether or not there was financial markets turmoil in the last few days.
India’s much anticipated and most rigorous brand evaluation, The Brand Trust Report, India Study, a comparison of the trust held in brands, has been released for 2014. Samsung has emerged as India’s Most Trusted brand this year.Sony ranks as India’s 2nd Most Trusted Brand followed by Tata which has ranked 3rd this year.
US President Obama used his annual State of the Union address to chart a new path forward relying on his own executive authority. "I'm eager to work with all of you," Obama said in his nationally televised speech in the House chamber. "But America does not stand still - and neither will I. So wherever and whenever I can take steps without legislation to expand opportunity for more American families, that's what I'm going to do."
The BSE Small-Cap index and BSE Mid- Cap index was trading down at 1%.
Bharti Airtel, Tata Motors are among gainers in Sensex and Nifty.
RIL, Wipro, Infosys, TCS,ONGC, Coal India, Gail India, ICICI Bank, HDFC, Hero MotoCorp, Maruti, Jindal Steel, HDFC Bank, Tata Power, Cipla, Tata Steel, Mahindra & Mahindra, are among losers in Sensex and Nifty.
Teck, FMCG, Metal, PSU, IT, Capital Goods, Consumer Durables, Realty, Oil and gas, Power indices are the losers
On expected lines, the Federal Reserve has decided to cut its bond purchases by another US$10 billion. Investors were expecting some comment on the recent crisis in emerging market but not a word was mentioned on the same. Speculation was that the Fed could put on hold its tapering given the emerging market jitters.
The Dow fell 190 points. The S&P 500 and the Nasdaq both fell more than 1%. Asian markets are bleeding. Japan's Nikkei is down over 3% while Hong Kong's Hang Seng has lost over 1.5%.
Meanwhile, US investors were hoping the Fed would make some mention about the recent issues regarding the weakening currencies of emerging markets. RBI governor Raghuram Rajan meanwhile said the repo rate hike was aimed at lowering inflationary pressures adding that the hike would have happened whether or not there was financial markets turmoil in the last few days.
India’s much anticipated and most rigorous brand evaluation, The Brand Trust Report, India Study, a comparison of the trust held in brands, has been released for 2014. Samsung has emerged as India’s Most Trusted brand this year.Sony ranks as India’s 2nd Most Trusted Brand followed by Tata which has ranked 3rd this year.
US President Obama used his annual State of the Union address to chart a new path forward relying on his own executive authority. "I'm eager to work with all of you," Obama said in his nationally televised speech in the House chamber. "But America does not stand still - and neither will I. So wherever and whenever I can take steps without legislation to expand opportunity for more American families, that's what I'm going to do."
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