Sensex retreats for 2nd day, tanks 184 points

The benchmark index of Bombay Stock Exchange (BSE) today declined by 12.31 points to end negative at 28,339.31 on profit booking by local operators.

Meanwhile, the broad based NSE Nifty fell by 67.60 or 0.77% at 8,724.70 with 40 components posting drop.

Globally, Hong Kong's Hang Seng was up 0.61 per cent, Shanghai's Composite index rose 0.45 per cent, while Japan's Nikkei gained 0.54 per cent in their early trade. On the NSE, 12 shares closed in the green, while 38 shares ended the day in the red and one remained unchanged.

Major losser was Tata Motors slumped 10.32 per cent with the stock extending yesterday's 3.68 per cent fall triggered by the company's weak Q3 December 2016 results. The BSE Small-Cap index provisionally dropped 1.52 per cent.

Shares of the automaker fell as much as 8.5 percent to Rs 440, for the fifth day in a row after the company's net profit for the October-December quarter declined a whopping 90 percent.




The US Dow Jones ended up 0.5 per cent yesterday.

It was followed by Tata Steel 2.57 per cent, Adani Ports 2.09 per cent, Hero Motoco 1.99 per cent, ICICI Bank 1.49 per cent, Maruti 1.32 per cent, Dr reddy 1.27 per cent, NTPC 1.08 per cent and Bharti Artl 0.99 per cent.

Top gainers in the Sensex-30 pack: ITC (up 1 per cent), TCS (up 0.5 per cent), HDFC Bank (up 0.5 per cent), Bajaj Auto (up 0.4 per cent) and Asian Paints (up 0.3 per cent). The index fell as much as 2 percent to 21,487.

The volume chart was led by Jaiprakash Associates with trades of over 7.60 million shares.

(Copyright © 2015. All Rights Reserved.)
 
Recommended

Satyarthi's Nobel prize replica recovered
The Nobel laureate hoped for the recovery of its citation too and appealed to the public to inform the police if it is found. They had had also struck at two other flats in Aravalli apartment in Kalkaji, where Satyarathi lives, the same night.

'Go buy Ivanka's stuff': Kellyanne Conway may have broken ethics laws
President Donald Trump , came under fierce criticism Thursday for promoting the brand of Ivanka, Trump's daughter, on television. Nordstrom and other retailers that have dropped Ivanka's brand contend the decision was based on performance reviews.

Trending Stocks Activision Blizzard, Inc. (NASDAQ:ATVI), COMSCORE, Inc. (OTCMKTS:SCOR)
Now the stock price is moving -12.78% off from the highest level of twelve months and +51.20% above from twelve months low. Its six months performance indicated a bearish movement while its yearly performance reflected a positive trend of 32.85%.

Reds trading second baseman Brandon Phillips to Braves
A source told ESPN's Buster Olney on Sunday that Cincinnati and the Atlanta Braves have agreed on a trade for the second baseman. The 35-year-old second baseman was drafted in the second round of the 1999 Major League Baseball draft by the Montreal Expos.

Trump travel ban hit by new legal setback
District Court in Alexandria, Virginia. "Maximum power does not mean absolute power", she wrote. The Monday ruling is significant from a legal standpoint because U.S.

Trump blasts Mark Cuban in early morning tweet; Cuban dismisses
Mavericks owner Mark Cuban was the target of one of a series of tweets unleashed by President Donald Trump on Sunday morning. The first email , which Cuban sent congratulating Trump, contained a short reply from the future president.

Rangers say manager Warburton has resigned
The Scottish FA Cup continues on Sunday afternoon as Rangers host Greenock Morton at Ibrox for a place in the quarter-finals. Alex McLeish has all but admitted he wants the Rangers job. "We are clearly short of where we expected to be at this time".

Taiwan tour bus crash kills many
The coach is said to have careered towards a barrier at a curve on the road. Authorities are still trying to determine the exact cause of the accident.

Won't shy away from verbal battle against India, says Steve Smith
He said I had the potential to have a long and successful worldwide career and advised me to work really hard". On coming down to wicket against spinners: I did advance once at the start of the summer and got out LBW.

A major winter storm is roiling the morning commute in NYC
Many people reported thunder snow across the state - which, while possible during heavy snowfall, is a rare occurrence. Anyone planning to travel on Thursday or Friday is advised to check with their airline for delays or cancelations.

Undocumented Arizona mother detained by immigration officials deported to Mexico
Ahead of Garcia de Rayos' deportation, dozens of immigration activists Wednesday night blocked the gates of ICE's Phoenix office. She was placed under deportation order and when she checked in with her immigration office on Wednesday, she was deported.

The Coca-Cola Company (NYSE:KO) Analyst Estimates And Rating
Moreover, the stock is up 1.69% in one month through last close, to $42.02, showing a -0.20% return during the past three months. Meeder Asset Management Inc. increased its stake in shares of Coca-Cola European Partners PLC by 19.0% in the third quarter.

Groups Vow to Protect Public Education Under DeVos
Five senators who received donations from DeVos' family sit on the Health, Education, Labor and Pensions Committee. Close attention also will be paid to how DeVos deals with sexual assault and freedom of speech on campuses.

Toronto Raptors trade for Orlando Magic PF Serge Ibaka
Ross, 26, is averaging 10.4 points through 54 games in his fifth season in Toronto. He has three years remaining on his current deal at a total of $31 million.

Drunken Bus Driver Briefly Strands Billikens Basketball Team in NY
New York State Police Trooper James O'Callaghan said he didn't think Edmister was drunk when she drove the team to the game. She was driving for the Lockport-based Grand Tours & Ridge Road Express bus lines, a company employee confirmed Thursday.


More News

News
More News