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March 19, Monday 2018 4:16 AM       

       HEADLINES: Must inform about LD Clerk vacancies ASAP: Pinarayi                                              DYFI members get hacked in Chengannur                                              Kerala Congress(M) would stay away from RS polls: K M Mani                                              Chengannur bypoll result will be decided by unbiased politics: Kummanam                                              Summer rains come as a relief to scorching heat, to continue for three more days                                              KCR to meet Mamata over alternative front                                              Demonetisation was a big lie: Chidambaram                                              BJP messed up economy: Manmohan Singh                                              Russian presidential elections result to be out Monday                                              Russia expels 23 British diplomats                                              10 dead after plane crashes into house in Philippines                                              PyeongChang Paralympics to conclude Sunday                                              Nidahas Trophy: Upbeat India to take on B'desh in final                                              Nidahas Trophy: Rahman helps B’desh post 166/8 against India                                              Aussies beat Indian eves by 97 runs to clean sweep series                                              Roger Federer makes it to Indian Wells finals                                              Kaumudi Facebook
       BUSINESS Next Article: Tea seller sets benchmark by making Rs. 12 lakh per month  
       Sensex falls 250 pts; Nifty slips below 10,400 level
         Posted on :15:42:11 Mar 5, 2018
       Last edited on:15:42:11 Mar 5, 2018
         Tags: Sensex falls 250 pts; Nifty slips below 10,40

MUMBAI: The BSE Sensex fell 252 points to drop below the 34,000 mark and NSE Nifty shed over 90 points in opening trade Monday on heavy losses in metal, auto, oil and Gas, banking and PSU stocks after US President Donald Trump fuelled concerns of a global trade war.

Asian markets too turned negative as the fallout from Trump's steel and aluminium tariffs continued to spook investors and dampen market sentiment here, brokers said.

The 30-share barometer shed 251.56 points, or 0.73 per cent, to 33,795.38. The gauge had lost 398.81 in the previous three sessions.

The NSE Nifty was trading down by 90.40 points, or 0.86 per cent, at 10,367.95.

All sectoral indices led by metal, auto, oil & gas banking and PSU stocks were trading in the negative terrain.

The laggards were Yes Bank, Tata Steel, Tata Motors, Coal India, Bharti Airtel, ONGC, HUL, Bajaj Auto, Dr Reddy's HDFC, Asian Paint, Power Grid, M&M and SBI, falling up to 2.28 per cent.

Meanwhile, on a net basis, domestic institutional investors (DIIs) sold shares worth Rs. 3.29 crore while foreign portfolio investors (FPIs) bought shares worth Rs. 241.85 crore on Thursday, provisional data released by the stock exchanges showed.

In the Asian region, Hong Kong's Hang Seng fell 1.38 per cent, Japan's Nikkei shed 0.65 per cent, while Shanghai Composite Index down 0.35 per cent in their early deals.

The US Dow Jones Industrial Average ended 0.29 per cent lower on Friday.

Next Article: Tea seller sets benchmark by making Rs. 12 lakh per month
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