The BSE Sensex plunged around 262 points to end at a two-week low of 35,286.74 today, tracking a sell-off across Asian and European markets after the US and China escalated their trade dispute.
BSE benchmark Sensex closed lower by about 74 points at 35,548.26 in a choppy trade amid flaring up of trade tariff tensions between the US and China, forcing investors to adopt a cautious stance.
The key Indian equity indices traded on a flat-to-negative note afternoon tracking weakness in the benchmark global markets and ressurgent concerns of a global trade war.
The benchmark Sensex managed to post gains for the fourth week in row, garnering 178.47 points to close at 35,622.14, while the broader Nifty racked up 74.03 points to end at 10,817.70.
The reshuffle of the S&P BSE Sensex composition effective from June 18 will hit sectors like healthcare, private banks, technology, consumer and auto, a report said.
Equities reversed a three-session winning run today after the US Fed raised interest rates and struck a hawkish stance, souring appetite for emerging market assets.
Markets gave up early gains but managed to end higher for the third straight session today, driven by robust buying in technology and healthcare stocks amid positive macro data.
The BSE Sensex rose 47 points today to close at 35,739.16 in see-saw trade, led by gains in software exporters and healthcare stocks.
The BSE Sensex soared 209 points to close at 35,692.524, while the broader NSE Nifty reclaimed the key 10,800-mark.
Sensex surged 209 points to close at an over 4-month high of 35,692.524, taking positive leads from the global markets as investors largely welcomed a historic summit between the US and North Korea.
I-T department probing acquisition of Chanda Kochhars Mumbai Residence
I-T department looking into acquisition of the residence by Deepak Kochhar
Acquisition of residence said to be linked to firms of Videocon group
Indian Express Reports
BANK OF MAHARASHTRA
3 officials including MD & CEO RP Marathe, ED RK Gupta arrested in Pune
Arrests are in connection to fraudulent loans sanctioned to Kulkarni Developers
Outstanding exposure to DS Kulkarni Developers at Rs 94.52 Cr
RITES IPO subscribed 0.6x on day 1
Fine organic industries IPO subscribed 0.12x on day 1
SBI's B Sriram takes additional charge as MD & CEO of IDBI Bank
B Sriram is the longest serving PSB MD
B Sriram Has Experience In Managing Stressed Assets
Wins bid for Connaught Place in Delhi
Taj Group wins 33-year lease for Connaught Hotel in E-auction
Offered to share 31.8% of annual revenue earned with civic body
Have not received any notice from ED on FEMA violations
U.S. to levy tariff on Indian welded pipes
U.S. imposes anti-subsidy duties of upto 500% on welded pipes from India
China, South Korea, & Turkey to also face duties from U.S.
U.S. imported large-diameter welded pipes worth $294.7 Mn from India in 2017
U.S. International Trade Commission scheduled to make a final decision By Dec 20