Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
September 18, Tuesday 2018 9:44 PM       

       HEADLINES: Lookout notice against eight in Abhimanyu case                                              Modi returns thanks to Mohanlal's birthday tweet                                              If Sabarimala pilgrim is changed to Vavaru Mosque pilgrimage, bus charge will come down: Ali Akbar                                              Thachankary seeks Lord Ayyappa's blessings, justifies bus charge hike                                              Jalandhar bishop calls nun ‘troublemaker’ in anticipatory bail plea                                              SC notice to Centre on plea seeking ban on 85 pesticides                                              Court summons Lalu, others as accused in IRCTC money laundering case                                              Bihar CM Nitish Kumar admitted to AIIMS                                              PM's silence on gangrape unacceptable; shameful govt leaves India's women unprotected: Rahul                                              Germany rolls out world's first hydrogen train                                              Imran Khan govt auctions 70 luxury cars as part of austerity drive                                              Nepal: Madhesis confident of govt addressing their demands                                              Archery coach Teja, athletic's Pannu recommended for Dronacharya Award                                              High expectations made me anxious: Ronaldo after Juventus goals                                              Kaumudi Facebook
       BUSINESS Next Article: Niti Aayog asks auto cos to stick to timeline to achieve full e-mobility  
       Sensex plunges over 400 pts as rupee breaches 72.50 mark
 
         Posted on :17:42:31 Sep 10, 2018
   
A A
       Last edited on:17:42:31 Sep 10, 2018
         Tags: Sensex plunges , rupee
 

MUMBAI:  The BSE Sensex plunged over 400 points in afternoon session Monday after the rupee breached 72.50 mark against the US dollar for the first time ever amid weak Asian cues.



While, rupee continued its free fall hitting a new low of 72.67 due to a strengthening dollar and widening trade deficit.

Global market sentiment turned weak after US President Donald Trump on Friday threatened tariffs on a further $267 billion worth of Chinese imports. While, Beijing warned of retaliation if the US goes ahead with any new measures.

The 30-share index dropped 418.39 points, or 1.09 per cent, to trade at 37,971.43 at 1225 hrs.

The broader Nifty-50 index also trading lower below 11,500 market at 11,470.65, down 118.45 points, or 1.02 per cent.

Heavy selling was witnessed in FMCG, telecom, consumer durables, finance, oil and gas, realty, power, metals, banks, energy, auto and utilities sectors.

Major losers were SBI, IndusInd Bank, Vedanta, Kotak Bank, Sun Pharma, RIL and HDFC falling up to 2.52 per cent.

While, Wipro, NTPC, Axis Bank and Adani Ports bucked weak market trend, gaining up to 0.79 per cent.

Most Asian markets were trading lower as trade tensions between the US and China remained in focus, China's trade surplus with the United States widened to a record in August.

US stocks closed lower last Friday with the Dow Jones Industrial Average ending 0.31 per cent lower.

A A
       BUSINESS
Next Article: Niti Aayog asks auto cos to stick to timeline to achieve full e-mobility
 
 
BUSINESS HEADLINES
Dena Bank surges 20%; BoB tumbles 14% post merger announcement  
Vijaya Bank, Dena Bank, BoB to merge: Govt  
Mother Dairy won't cut prices despite Patanjali's cheaper cow milk  
Union Bank of India exits Antwerp diamond market  
Naidu discusses bilateral cooperation in trade and defence with Serbian President  
FundzBazar crosses 2 lakh investors milestone  
Ramdev Baba’s Patanjali launches cow milk, french fries and more  
United Bank of India increases MCLR by five basis points  
RBI submitted a list of high profile fraud cases to PMO: Rajan  
Chemists call for strike on Sep28 against online medicine sale  
Rupee sinks to new low of 72.91, drops 22 paise against USD  
Skills and You develops special module 'Curio'  
Google ready to comply with RBI norms for payment services, says official  
FinMin in touch with RBI for market intervention to contain rupee value  
Sensex plunges over 400 pts as rupee breaches 72.50 mark  
Niti Aayog asks auto cos to stick to timeline to achieve full e-mobility  
FastFox registers 3x growth post rollout of revolutionary 'Open House' model  
Jio completes two years, aims to take India to 'top 5' in broadband connectivity  
Gold rises 0.46% on positive global cues  
Rupee pares gains, slips 7 paise against US dollar  
Bajaj Finserv rolls out exciting offers, lowest EMIs on all products  
Gadkari pitches for alternate fuels; says govt not against petrol, diesel  
US dollar ends higher against rupee  
Sensex drops 140 pts as rupee hits new low  
Chidambaram blames govt for rise in petrol prices, says it is due to 'excessive taxes'  
 
Do you think forced salary challenge is acceptable in the current situation?
yes
 
not
 
don't know
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy