111th Day Of Lockdown

Maharashtra25442714032510289 Tamil Nadu138470895321966 Delhi112494899683371 Gujarat41906291982046 Karnataka3884315411686 Uttar Pradesh3647623334934 Telangana3467122482356 West Bengal3001318581932 Andhra Pradesh2916815412328 Rajasthan2439218103510 Haryana2124015983301 Madhya Pradesh1763212876653 Assam168071089541 Bihar1630511953125 Odisha13737875091 Jammu and Kashmir105135979179 Kerala7874409532 Punjab78215392199 Chhatisgarh4081315319 Jharkhand3760230831 Uttarakhand3537278647 Goa2453120714 Tripura206714212 Manipur16098960 Puducherry141873918 Himachal Pradesh121391610 Nagaland8453270 Chandigarh5594178 Arunachal Pradesh3601382 Meghalaya295452 Mizoram2311500 Sikkim164810
Business Market 18 Apr 2019 Sensex slips from li ...

Sensex slips from lifetime high on profit booking

PTI
Published Apr 18, 2019, 4:14 pm IST
Updated Apr 18, 2019, 4:21 pm IST
After rising to an intra-day record of 39,487.45 points, the 30-share index turned negative to settle 135.36 points.
The broader NSE Nifty slipped 34.35 points, or 0.29 per cent, to 11,752.80.
 The broader NSE Nifty slipped 34.35 points, or 0.29 per cent, to 11,752.80.

Mumbai: Equity benchmark Sensex retreated from its lifetime high to close 135 points lower on Thursday as investors booked profits at higher levels amid weak global cues.

After rising to an intra-day record of 39,487.45 points, the 30-share index turned negative to settle 135.36 points, or 0.34 per cent, lower at 39,140.28. The broader NSE Nifty slipped 34.35 points, or 0.29 per cent, to 11,752.80.

 

The benchmark indices had closed at record highs on Tuesday on earnings optimism and forecast of a near-normal monsoon. Markets were closed Wednesday for Mahavir Jayanti.

"After a period of significant momentum ahead of the general elections, the market may take a pause in some kind of an interim profit-booking," said Joseph Thomas-Head Research, Emkay Wealth Management.

"The accelerating scenario of a slowdown in global growth as also the definitive prospects of higher fuel prices and a weaker currency may also be working on the minds of the market participants at this juncture,” he added.

 

Top losers in the Sensex pack included Yes Bank, Vedanta, IndusInd Bank, Tata Steel, L&T, SBI, NTPC, Kotak Bank, HDFC, HDFC Bank, PowerGrid, Infosys and ITC, falling up to 4.18 per cent.

On the other hand, RIL was the biggest gainer on the index, rising 2.79 per cent ahead of its Q4 results.

Tata Motors, Asian Paints, TCS, Coal India, Hero MotoCorp, Axis Bank and HUL also ended in the green, rising up to 2.32 per cent.

Foreign institutional investors (FIIs) purchased equity worth a net Rs 1,038.58 crore on Tuesday, and domestic institutional investors (DIIs) bought shares to the tune of Rs 37.22 crore, provisional data available with stock exchanges showed.

 

Elsewhere in Asia, markets in Japan, China and Korea ended in the red. In Europe, bourses in Germany, France and the UK were trading on a mixed note in early deals.

Global crude oil benchmark Brent futures fell 0.17 per cent to USD 71.50 per barrel.

Meanwhile, the Indian rupee appreciated 5 paise to 69.55 against the US dollar intra-day.

...




ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT