For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Sensex trades lower ahead of crucial Fed Meeting

    |
    Sensex trades lower ahead of crucial Fed Meeting
    Indian markets were trading lower ahead of a crucial meeting of the Federal Reserve which might hint at withdrawal of stimulus in the US.
     

    The Sensex was down 88 points, while the Nifty was trading lower by 24 points in trade today. Among the top losers from the Sensex were NTPC, BPCL, ONGC, Tata Motors, Axis Bank and Ultratech Cement.

    Top gainers from the Nifty were IDFC, Jindal Steel, Ranbaxy Labs and Reliance Infra. IDBI Bank gained in early trade after Moody's affirmed IDBI Bank's deposit ratings at Baa3/P-3.

    Mahindra and Mahindra which had rallied on Tuesday following an acquisition saw its stock drop on profit booking.

    Realty stocks were having a bad day in trade with notable losers being Oberoi and Parsvnath. Heavyweights, HDFC, ITC, HDFC Bank and Reliance were all trading lower.

    Tata Steel which gained substantially in trade on Tuesday continued to rally higher. Metal stocks were trading higher with Jindal Saw and Jindal Steel being among the other notable gainers. Mid Cap stocks bucked the trend with the Mid Cap index trading higher thanks to gains in stocks like Divis Labs, Hexaware and Reliance Communications.

    Meanwhile, markets in Asia were trading lower led by losses in the Shanghai Composite and Hong Kong's Hang Sang.

    GoodReturns.in

    Read more about: sensex nifty
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more