Sensex Ends Lower As Global Markets Fall On Weak Chinese Trade Data

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Benchmark Indian indices ended the day lower after weak Chinese trade data dragged Asian and European markets lower.

    The Sensex ended the day lower by 57 points, while the Nifty fell 12 points in trade. Chinese trade data showed that exports fell by 3.7 per cent, while imports were down more than 20 per cent, confirming worries of a slowdown.

    Check Sensex gainers and losers

    Sensex Ends Lower As Global Markets Fall On Weak Chinese Trade Data
    Indices
    Asian markets ended the day lower with the Japanese Nikkei down 1.11 per cent, while other markets like the Hang Sang and the Jakarta Composite also ended the day lower.
     

    The biggest losers in trade were the metal stocks with Tata Steel, Hindalco and Vedanta falling on weak Chinese data.

    Heavyweight, Infosys shares was a big drag on the Nifty falling another 2.5 per cent, after Monday's 4 per cent drop. TCS was also weak in trade ahead of its earnings to be declared later today.

    Banking stocks were also marginally down led by State Bank of India and Punjab National Bank. Shares in Yes Bank was among the gainers from the banking space after reports that the Bank was eyeing buyouts in mid-sized funds space after RBI gave the bank permission to start mutual fund business.

    DB Corp ended the day higher after reports that the company acquired 14 frequencies in phase-III radio FM auctions.
    Meanwhile, markets across Asia ended the day lower, while most of Europe was trading with losses, following poor Chinese trade data.

    GoodReturns.in

    Read more about: sensex nifty hindalco vedanta
    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