Latest News
-
Rs 7.50/Share Dividend: Adani Group Cement Company Reports Strong Q4 Results; Profit Surges 2x YoY -
Closing Bell: Market Rebounds To End With Gains For 5th Straight Day; Sensex & Nifty Soar Led By Banks -
Gold Prices Ayodhya: In Ram-Janma-Bhumi, 24carat Falls By Rs 380 In 10-Grams, Drops By Rs 3,800 In 100-gram -
Penny Stock Hits 2nd Upper Circuit After Declaring Earnings, Gains 14% In 1-Week -
Rs 8.50/Share Dividend Recommended: Nestle India Reports 27% YoY Jump In Profit -
0.50% Dividend Yield: Midcap Cement Stock Slumps 10% Following Weak Q4 Results; Profit Down 48% YoY -
1:10 Split, Rs 147/Share Dividend: FMCG Major Likely To Report Profit Growth; Buy Or Sell? -
Mark Zuckerberg's Meta Reports Record Q1 Profit Surge, Projects AI Investments This Year; Stock Slumps -
Gold Prices India: 24K/100 Grams Yellow Metal Falls By Rs 3800, 24K/10 Grams Down By Rs 380 -
Rs 44,000 Crore M-Cap Lost, Stock Falls 10%, No More 4th Largest Bank; How RBI's Ban Rocked Kotak
Sensex Ends Lower As Global Markets Fall On Weak Chinese Trade Data
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
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
