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  • One killed, five injured in Washington shooting
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  • Kaohsiung Challenger: Gunneswaran, Balaji-Vardhan crash out
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  • Ramanathan enters singles quarters, doubles semis in Murray Trophy Challenger
Business Economy


Sensex breaks 3-day gaining spree, ends lower at 39,756.81 pts due to profit booking by investors

Sensex breaks 3-day gaining spree, ends lower at 39,756.81 pts due to profit booking by investors

Mumbai, Jun 12 (UNI) Snapping the winning streak of last three sessions, the BSE Sensex fell on Wednesday by 193.65 points to end negative at 39,756.81, as investors booked profit at higher level, amidst weaker cues from global peers.

The Nifty of National Stock Exchange (NSE) too dropped by 59.40 points to 11,906.20.

The Sensex, which had gained by 420 points in past three sessions, rose by 24 points to 39,974.18 in early trade and then edged up further by 32 points, to touch day's high of 39,982.10.

However, it sank by 327 points to hit day's low of 39,623.53 in intra day. Finally, it closed at 39,756.81, sliding by 193.65 points versus its last close.

The Nifty registered day's high and low at 11,962.45 and 11,866.35 points, respectively.

The sell-off in sectoral indices like Industrial, Telecom, Auto, Capital Goods and Realty dragged the market down on Wednesday, along with scrips of Yes Bank, Maruti Suzuki, Tata Motors DVR, Kotak Bank and

HeroMoto Corp.

While, buying in Tata Steel, ONGC and VEDL capped its further losses, brokers informed.

The broader markets underperformed the Sensex, as the BSE Mid-Cap index and Small-Cap lost by 0.79 per cent and 0.48 pc, respectively.

The market breadth was negative on BSE, as 1,029 shares advanced against 1,482 declined and 168 were unchanged.

Elsewhere in the world, global shares declined on persistent worries over China-US trade war flared up, curbing risk appetite.

The European stocks were trading lower on Wednesday amid ongoing China-US trade tussle, while Asian stocks ended lower.

China's inflation data showed the producer price index in the country rising 0.6 pc year-on-year in May. The consumer price index also rose 2.7 pc year-on-year in the same period.

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S African delegations calls on Telangana Minister

19 Sep 2019 | 11:33 PM

Hyderabad, Sep 19 (UNI) South African delegation led by High Commissioner Sibusiso Ndebele called on Telangana Minister for IT and Municipal Administration ,K T Rama Rao here, an official release said here on Thursday.

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Maangalya launches its 7th shopping mall in Telangana

19 Sep 2019 | 9:48 PM

Hyderabad, Sep 19 (UNI) Maangalya shopping mall - the largest textile retail mart in Telangana, has launched its seventh store spread over a lavish 25,000 sq ft shopping space at Kukatpally, in the city on Thursday.

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No stressed MSME will be declared NPA uptil March 31, 2020: FM

19 Sep 2019 | 9:13 PM

New Delhi, Sep 19 (UNI) Announcing a slew of measures to tackle the economic crisis post bank mergers, Union Finance Minister Nirmala Sitharaman said on Thursday that stressed MSMEs will not be declared as non-performing assets (NPAs) till March 31 next year.

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IKEA celebrates Better Sleep Festival ; unveils 6 dimensions

19 Sep 2019 | 7:24 PM

Hyderabad, Sep 19 (UNI) IKEA, the world’s leading multi-channel home furnishings retailer celebrated the Better Sleep Festival at a store here on Thursday to encourage people to value their sleeping life as much as their waking life by helping people to sleep better.

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Petrol, diesel prices witness steep rise

Petrol, diesel prices witness steep rise

19 Sep 2019 | 6:19 PM

New Delhi, Sep 19 (UNI) Petrol and diesel prices in the country rose sharply for the third consecutive day to a more than one-and-a-half months high due to the rise in crude oil prices in the international market.

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