Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2012        Go!    
 
 
January 24, Wednesday 2018 1:02 PM       

       HEADLINES: Clash spreading in Malappuram, CPM office destroyed                                              CPM using SFI to carry out attacks: Chennithala                                              Malayalee fisherman who died at sea not given respect, protest in Pulluvila                                              SC to hear Kerala love jihad case, Jaideep Gupta to appear for govt                                              Freedom fighter Kottukal A Prabhakaran passes away                                              Father of arrested terrorist Qureshi cries foul                                              Triple Talaq- an excuse to target 'Shariat': Owaisi                                              Impeachment motion against CJI: Yechury discusses possibilities with other parties                                              Shiv Sena to contest 2019 LS polls alone                                              Modi invokes 'Vasudhaiva Kutumbakam' at WEF                                              25 students injured in Pak varsity clash                                              UN agency for Palestinians seeks funds after US cuts                                              Mallya extradition trial's next hearing date remains uncertain                                              Lawmakers back bill to reopen US govT                                              Trump signs funding bill, ends US govt shutdown                                              Blues take on Transport United in AFC Cup                                              Gaurika returns to action in second leg at Hero WPGT                                              Tendulkar gives pep talk to women's team ahead of SA series                                              Australian Open: Federer eases into quarters                                              IPL 2018 to begin from April 6                                              Kaumudi Facebook
       BUSINESS Next Article: Def Min wants non-lapsable capital fund; writes to finance min  
       Sensex losses mount on global sell-off, dives 336 pts
 
         Posted on :15:16:33 Aug 11, 2017
   
A A
       Last edited on:15:16:33 Aug 11, 2017
         Tags: Sensex losses mount on global sell-off, dives
 

MUMBAI: The BSE Sensex slumped over 336 points and the NSE Nifty slipped below the 9,800-mark in early trade Friday following global sell-off triggered by mounting geo-political tensions between the US and North Korea.

Besides, caution ahead of IIP data for June due later in the day too weighed on the sentiments.

The BSE 30-share barometer tanked 336.46 points, or 1.06 per cent, to 31,194.87.

It had tumbled 794.08 points in the previous four sessions hit by sliding global sharers due to stand-off between the US and North Korea, and market regulator Sebi's directive imposing trading restrictions on suspected 331 shell companies.

All sectoral indices led by infrastructure, capital goods, realty, auto, metal and healthcare were in the red.

Also, the NSE Nifty was trading down by 115.90 points, or 1.18 per cent, at 9,704.35.

Brokers said that apart from continuous selling by investors and sustained foreign fund outflows, deep losses at other bourses and the US markets as investors reacted with dismay to escalating North Korea tensions led to a further slide in the Sensex.

In addition, weakness in the rupee against the American currency too weighed on the sentiment.

The rupee fell 19 paise to 64.27 against the dollar in early trade at the forex market.

Major losers that dragged down the key indices were Tata Motors, L&T, Sun Pharma, Cipla, ONGC, Dr Reddy's, Asian Paint, Hero MotoCorp, ICICI Bank, Tata Steel, Coal India and Maruti Suzuki, declining up to 2.87 per cent.

Hong Kong's Hang Seng fell 1.59 per cent, while Shanghai Composite Index plunged 1.30 per cent in early trade today.

Financial markets in Japan are closed today for a public holiday.

The US Dow Jones Industrial Average tumbled 0.93 per cent in yesterday's trade.

A A
       BUSINESS
Next Article: Def Min wants non-lapsable capital fund; writes to finance min
 
 
BUSINESS HEADLINES
Petrol, diesel prices jump: Oil Ministry seeks excise duty cuts  
In a first, Sensex breaches 36,000-mark  
India fifth most attractive market for investments: PwC survey  
Davos: Modi chairs round-table meeting with top CEOs  
India's growing rich-poor divide: Richest 1% gross 73% wealth in 2017  
Increase tax exemption limit to Rs. 3 lakh: SBI report  
India Inc. upbeat about PM Modi at WEF  
Mobycy's dockless bicycling sensation scales heights; completes 7,230 rides  
AirAsia India hires Sunmuga Kanaratnam as Head of Engineering  
Sensex hit fresh record high of 35,614, Nifty holds 10,900  
Maha govt mulling to start online lottery system  
Chidambaram hits out at 'anti-consumer' Centre over fuel prices  
Patanjali's Yog Acharyas to conduct Yoga sessions at World Economic Forum  
Mauritius largest source of FDI in India: RBI  
Exports rise over 12% due to engineering goods, petro products  
Budget 2018: ASSOCHAM seeks higher outlay for education  
Rise in demand for Yoga accessories from abroad: Expert  
Nine more cities added to Smart City Mission, total now 99  
Gold retailers hopeful of tax relief ahead of Budget  
GST Council discusses making return filing process simpler  
Banks fuel markets Bull Run; Sensex, Nifty hit new peaks  
Netanyahu meets biz leaders over power breakfast  
Budget 2018: Hardware dealers suggest simplification of filing GST returns  
SBI to raise Rs 20,000 cr for affordable housing, infra  
Rupee rebounds 16 paise to 63.88 a dollar  
 
Will Wednesday's Motor strike be of any help to public?
yes
 
no
 
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