20
Friday
September 2019
9:38 PM IST
News Headlines
We have to hug each Kashmiri, create new paradise: Modi        Rajnath Singh becomes first Defence Minister to fly in Tejas fighter aircraft        Netanyahu''s rival Gantz says he should be PM in unity government        Tunisia''s ex-president Ben Ali dies in exile        Sindhu out of China Open, Praneeth enter quarterfinals        Former Dutch soccer player Maynard shot dead        Israel election: Netanyahu trails by a seat with majority votes counted        MODI Pak refuses India''s request to open airspace for PM Modi citing ''situation in Kashmir''        HINDI Never asked for imposing Hindi over native languages, says Shah; Stalin postpones protest        Rupee stems losses, rallies 54 paise to 71.24 vs USD on easing oil prices        Kohli hits unbeaten 72 as India outplay SA to begin home season with a bang        Vinesh locks Olympic quota with bronze at Worlds, Pooja in line for second medal        China Open: Sindhu, Praneeth, Kashyap enter second round, Saina crashes out        Azad, Ahmed Patel meet Chidambaram in Tihar jail        DRDO, Air Force successfully test-fire ''Astra'' missile        NGOs receiving substantial financing from govt come under RTI Act, says SC        All party meet decides to explore legal options to help flat owners        Taliban kill at least 48 in bloody day ahead of Afghan polls        Pompeo heading Tuesday to Saudi Arabia over Iran tensions: Pence        Oil sinks 5% on forecasts of quick Saudi output recovery        
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Business News
Sensex tumbles 268 pts; Tata Motors tanks 9 pc
 
Mumbai: Benchmark equity index Sensex slumped 268 points on Wednesday, dragged by losses in ITC, HDFC, L&T and ICICI Bank as investors remained wary of an economic slowdown.

After plunging 305 points, the 30-share Sensex settled 267.64 points, or 0.72 per cent, lower at 37,060.37. It hit an intra-day high of 37,406.55 and a low of 37,022.52.

The broader NSE Nifty too ended 98.30 points, or 0.89 per cent, down at 10,918.70. During the day, it swung between a high of 11,034.20 and a low of 10,906.65.

Tata Motors was the biggest laggard in the Sensex pack, plummeting 9.29 per cent, followed by Yes Bank at 8.21 per cent.

Other losers included Tata Steel, ONGC, IndusInd Bank, SBI, L&T, ITC, Vedanta, HCL Tech, ICICI Bank and M&M, which declined up to 4.26 per cent.

Hero MotoCorp, Infosys, Tech Mahindra, HUL, Bajaj Auto, Maruti, NTPC and HDFC Bank bucked the weak market trend, rising up to 1.78 per cent.

Globally, markets are keenly awaiting comments from Federal Reserve Chair Jerome Powell in Jackson Hole, Wyoming, US.

Investors will also be tracking the G7 Summit during August 25 27 in France.

Elsewhere in Asia, Shanghai Composite Index, Hang Seng and Kospi ended on a positive note, while Nikkei settled in the red.

Equities in Europe were trading significantly higher in their respective early sessions.

Meanwhile, the Indian rupee appreciated 22 paise to 71.49 against the US dollar intra-day.

Brent crude futures, the global oil benchmark, spurted 1.28 per cent to USD 60.80 per barrel.


Rupee stems losses, rallies 54 paise to 71.24 vs USD on easing oil prices
Oil sinks 5% on forecasts of quick Saudi output recovery
Some 46,000 General Motors auto workers strike in US
Sensex cracks nearly 300 pts; oil and gas stocks tank
Air India posts Rs 4,600 cr operating loss in 2018-19; aims operating profit this fiscal
SBI to move RBI to offer fixed-floating rate home-loans: Chairman
Inflation under control, clear signs of revival in factory output: FM
China to lift punitive tariffs on US soybeans, pork
Exports decline 6 pc; imports dip 13.45 pc
Retail inflation inches up to 10-month high of 3.21 pc in August
India & Qatar to focus on hydrocarbon sector: Pradhan
Samruddhi Corridor: MSRDC ties up loans of Rs 28,000 crore
Just 19 pc employers in India bullish on hiring in Oct-Dec qtr: Survey
Alibaba's Ma steps down as industry faces uncertainty
Ahead of festivals, SBI again cuts lending rates by 10 bps
Sensex drops over 150 pts; bank, auto stocks drag
15th Finance Commission holds meeting with Raj bodies, industry
PNB puts up for sale 11 NPA accounts to recover dues of Rs 1,234 cr
States to be key drivers of growth for making India USD 5 trillion economy: Niti CEO
FinMin sets up task force to identify infra projects for Rs 100 lakh cr investment
KERALA NEWS
Government to rebuild Palarivattom flyover
 Thiruvananthapuram: The state government has decided to demolish and rebuild Palarivattom flyover as  
CM demands PSC questions in Malayalam
Tipplers guzzle Rs 487 crore worth liqour during onam
candidate selection for Pala by-election is an internal matter of KC(M): Chandy
INTERNATIONAL NEWS
Netanyahu''s rival Gantz says he should be PM in unity government
 Jerusalem: Benjamin Netanyahu''s main challenger Benny Gantz on Thursday presented himself as the ne
Tunisia''s ex-president Ben Ali dies in exile
Israel election: Netanyahu trails by a seat with majority votes counted
MODI Pak refuses India''s request to open airspace for PM Modi citing ''situation in Kashmir''
NATIONAL NEWS
We have to hug each Kashmiri, create new paradise: Modi
 Nashik: Blaming the Congress for the plight of Kashmiris for decades, Prime Minister Narendra Modi o
Azad, Ahmed Patel meet Chidambaram in Tihar jail
DRDO, Air Force successfully test-fire ''Astra'' missile
NGOs receiving substantial financing from govt come under RTI Act, says SC
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