Monday, Jun 17 2019 | Time 20:58 Hrs(IST)
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  • Piyush Goyal meets Industry stakeholders on E-Commerce & Data Localisation
  • Odisha DGP suspends Police inspector for not following legal formalities
  • High-level meet discusses arrangements for annual Amarnath yatra
  • Striking junior doctors call off their indefinite ceasework
  • Punjab govt to campaign for drip irrigation in Jalandhar
  • J P Nadda is BJP working president, Amit Shah stays national president
  • Rains lash Hamirpur, much to delight of farmers
  • Doctors' strike hits OPD services in Chhattisgarh
  • Revenue official held accepting bribe in Baramulla
  • Haryana govt for resolving problems of Safai Karamcharis, working for upliftment of Balmikis
  • Hamstring injury to keep Bhuvi out for 2-3 games in WC
  • Hamstring injury to keep Bhuvi out for 2-3 games in WC
  • Advisor to J&K Guv meets delegations during grievance redressal camp
  • NHRC takes suo motu cognizance of AES claiming lives of 100 children in Bihar
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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Bharti AXA General Insurance posts full-year profitability in FY19

17 Jun 2019 | 8:31 PM

New Delhi, Jun 17 (UNI) Bharti AXA General Insurance has registered its maiden full-year profitability in the financial year 2018-19 with a robust 29 per cent growth ahead of the industry growth rate.

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Huge potential for harnessing tuna, tuna like species in India EEZ : Sibal

17 Jun 2019 | 7:14 PM

Hyderabad, Jun 17 (UNI) Ms Rajni Sekhri Sibal, Secretary, Department of Fisheries, Government of India, said that there was a huge potential for harnessing tuna and tuna like species in the Indian EEZ (Exclusive Economic Zone).

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Honor 20i, priced at Rs 14,999, on Flipkart from Tuesday

Honor 20i, priced at Rs 14,999, on Flipkart from Tuesday

17 Jun 2019 | 6:14 PM

New Delhi, Jun 17 (UNI) Honor, a global leading smartphone e-brand has announced the availability of its recently launched smartphones, Honor 20i and Honor 20.

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5 Paisa com launches brokerage plan for Options trading

5 Paisa com launches brokerage plan for Options trading

17 Jun 2019 | 6:09 PM

New Delhi, Jun 17 (UNI) Discount broker 5Paisa.com on Monday announced the launch of Options – X, brokerage plan for Options Trading, which allows customers to effectively capitalise on market opportunities with higher exposure.

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Rupee down by 10 paise against USD

Rupee down by 10 paise against USD

17 Jun 2019 | 6:07 PM

Mumbai, Jun 17 (UNI) The Rupee on Monday slipped by ten paise to 69.90 against the US Dollar, on rising demand for US Dollars by bankers and importers, dealer at Forex Market informed.

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