Latest News
-
2:1 Bonus Issue Coming Up: Penny Stock Gives 183% Returns Ahead Of Ex-Bonus Date; Eligibility Criteria! -
Heavy Rains Lead to Cancellation of Flights from India to Dubai -
1:2 Stock Split: Record Date On April 24; Buy The Scrip Now To Be Eligible? -
3:1 Bonus Shares: Record Date In 3 Days On 20th April; Buy The Pharma Stock? -
Global Economy Faces 19% Income Reduction by 2049 Owing to Climate Change -
How To Get Pre-Approved Loans At SBI? All You Need Is Four Clicks! -
How To Pick Up The Right Index Funds For Your Portfolio? -
Senate Examines Boeing's Safety Failures in Back-to-Back Hearings -
Apple Joins Forces with Cleanmax for Solar Energy Projects in India -
Ford Recalls 456K Bronco Sport and Maverick Cars Over Drive Power Loss
Lingering European concerns drag markets lower
The BSE Sensex ended the day lower by 67 points, while the Nifty ended the day lower by 28 points at 5386 points. Among the Nifty shares that lost ground today was Tata Steel, Jindal Steel, ICICI Bank and Reliance. Tata Steel shed more than 2% in trade today, while Infosys was down more than 1%, after a Reuters reported said that BofA-Merrill warned to stay cautious on the stock, after the recent rally.
Shares of IFCI were the hardest hit today, after the Cabinet okayed conversion of IFCI debentures held by government to equity.
Gujarat NRE Coke rallied almost 5%, after JSPL raised its stake in Gujarat NRE Australian subsidiary by 2.67%.
Among the Nifty gainers were Coal India, BPCL and ONGC.
Meanwhile, shares in Asia closed in the red with the Japanese Nikkei, Korean Kospi, Singapore's Strait Times and Hong Kong's Hang Sang all closing in the red. Europe too was trading in the red on ongoing concerns in the euro zone region.
Indian markets are expected to track global markets next week and are likely to exhibit volatility.
GoodReturns.in
