ANI
13 Aug 2019, 15:18 GMT+10
Mumbai (Maharashtra) [India], Aug 13 (ANI): Equity benchmark indices were in the negative territory during early hours on Tuesday with IT, pharma and auto gauges showing most losses.
At 10:15 am, the BSE SP Sensex was down 181 points at 37,400 while the Nifty 50 edged lower by 48 points to 11,062. At the National Stock Exchange, all sectoral indices were in the red except for realty and metal.
Among stocks, power utility major NTPC slipped by 4.4 per cent to trade at Rs 116.10 per share while Bharti Airtel was down by 4.2 per cent. The other prominent losers were Britannia, MahindraMahindra, Tech Mahindra, Maruti, HDFC, Infosys, Cipla and ITC.
However, Mukesh Ambani-led Reliance Industries surged 9.2 per cent to trade at Rs 1,269.65 per share, a day after the company said at its AGM that it will sell 20 per cent stake in its oils to chemicals (O2C) business to Saudi Aramco for 75 billion dollars.
Indiabulls Housing Finance gained by over 11 per cent to trade at Rs 561.70 per share. Bharat Petroleum Corporation was up by 2.3 per cent, Sun Pharma and Tata Motors by 2 per cent each.
Meanwhile, Asian shares slumped as fears about a drawn out US-China war and protests in Hong Kong drove investors to safe harbours like bonds and. MSCI's broadest index of Asia Pacific shares outside Japan was down by 1 per cent and Chinese stocks fell by 0.8 per cent.
Hong Kong's main market index tumbled by more than 1 per cent to a seven-month low. Japan's Nikkei also took a hit of 1.5 per cent while stocks in Singapore shed 1.1 per cent after the government slashed its full-year economic growth forecasts.(ANI)
Get a daily dose of Breaking Property News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Breaking Property News.
More InformationNEW DELHI, India - The board of directors at telecom major Bharti Airtel has approved fund raising of up to ...
MOUNTAIN VIEW, California - Tech giant Google on Tuesday appointed Indian-origin Sundar Pichai as the Chief Executive Officer (CEO) of ...
With a collective gasp and puzzled looks, the world was recently introduced to Tesla's newest vehicle. The so-called Cybertruck is ...
HONG KONG - China has banned U.S. warships and military aircraft from making stops in Hong Kong after Washington passed ...
South African President Cyril Ramaphosa has taken the decision to put South African Airways, the cash-strapped national flag carrier, into ...
YAOUNDE - Cameroon has organized a national vaccination campaign to stop a measles outbreak that has infected more than 3,000 ...
More than 35 billion tonnes of non-metallic minerals are extracted from the Earth every year. These materials mainly end up ...
New York City has the New Year's Eve ball drop. Rochester has the Genesee keg tree. Democrat & Chronicle ...
New Budapest mayor blocks construction of SANAA-designed New National Gallery Archinect ...
CMCSS discuss growth, construction, County Commission question school designs Clarksville Now ...
Heartland of America Park closed for Riverfront Revitalization construction WOWT ...
Long List of Road and Lane Closures Set for Railroad Maintenance, Construction Bossier Now ...