Saturday, Aug 13 2022 | Time 06:15 Hrs(IST)
image
Business Economy


Sensex drops 1016.84 points

Sensex drops 1016.84 points

Mumbai, Jun 10 (UNI) The BSE Sensex on Friday crashed 1016.84 points to settle at 54,303.44 on weak global cues.

The Nifty of National Stock Exchange (NSE) too slid 276.30 points to 16,201.80.

The Sensex fell by 560 points to 54,760.25 in opening trade. During the day it was crashed 1,115 points to 54,205.99, the days low, before closing at 54,303.44 from its previous close.

The Sensex registered the days high and low at 54,780.78 and 54,205.99 points respectively.

The Nifty recorded the days high and low at 16,324.70 and 16,172.60 points respectively.

The sectoral indices like Finance, IT, Oil and Gas, Energy and Technology dragged the market down.

In scrips, Kotak Bank was a major loser, 4.07 per cent at 1789.90 followed by Bajaj finance by 4.02 per cent to Rs 5660.75, HDFC by 3.73 per cent to Rs 2181, Reliance Industries by 3.08 per cent to Rs 2712.30 and Wipro by 2.94 per cent to Rs 461.15.

The gainers were Ultracemco by 0.33 per cent to Rs 5500, Dr Reddy's Lab by 0.18 per cent to Rs 4334.10, Titan by 0.17 per cent to Rs 2143, IndusInd Bank by 0.15 per cent to Rs 922.05 and Nestle India 0.11 per cent to Rs 16791.25.

The Mid Cap fell by 0.64 per cent and Small Cap by 0.70 per cent.

In 30 scrips 7 advanced while 23 declined.

European stocks fell further on Friday as investors digested the European Central Bank’s latest policy meeting and looked ahead to a key US inflation print.



The European Stox 600 dropped 1.3 per cent.

UNI NV ACL

More News
Corporate tax collections up 34 pc in FY23 till July-end

Corporate tax collections up 34 pc in FY23 till July-end

12 Aug 2022 | 11:48 PM

New Delhi, August 12 (UNI) The corporate tax collections during the financial year 22-23 (till July 31) have registered 34 per cent growth over the corresponding period last fiscal, Income Tax Department said on Friday.

see more..

FICCI FLO J&K, Ladakh celebrate ‘Azadi Ka Amrit Mahotsav’, Rakshabandhan with BSF

12 Aug 2022 | 10:54 PM

Jammu, Aug 12 (UNI) The FICCI FLO Jammu and Kashmir and Ladakh under its founder chairperson Kunwarani Ritu Singh on Friday celebrated ‘Azadi Ka Amrit Mahotsav’ and Rakshabandhan with Border Security Force personnel at Octroi Post near International Border in Suchetgarh area of R S Pura here.

see more..

Bajaj Group joins hands with Pune Municipal Corporation to commemorate ‘Azadi Ka Amrit Mahotsav’

12 Aug 2022 | 10:42 PM

Pune, Aug 12 (UNI) On the occasion of Amrit Mahotsav of India’s Independence, various activities are being implemented by the Government.

see more..

Nexus Seawoods to host 70 percent OFF from today till 15th August

12 Aug 2022 | 10:27 PM

Mumbai Aug 12 (UNI) As a part of the Independence Day celebrations, Nexus Seawoods will be hosting a 50 percent OFF on over 100 prominent national and international brands. The deal will be available on select merchandise across Fashion, Beauty, Entertainment and F&B categories, on select brands.

see more..

Nihar Info Global eyes Rs 100 cr biz by 2025

12 Aug 2022 | 8:48 PM

Hyderabad, Aug 12 (UNI) Nihar Info Global Ltd, a 28-year-old public limited company listed on Bombay Stock Exchange, is targeting to clock a turnover of Rs 100-crore by 2025.

see more..
image