For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Markets End Lower As Global Cues Continue To Remain Weak

|

Benchmark indices ended the day lower for the third straight day, as persistent selling pressure in frontline stocks dragged the indices lower.

 Markets End Lower As Global Cues Continue To Remain Weak
Global cues remained weak with the European indices in the red after strong openings. Asian markets mostly ended the day lower with the Hong Kong's Hang Sang, the Singapore's Strait Times and Taiwan Weighted all lower in trade. The Sensex ended the day with losses of 127 points led by decline in banking stocks.
 

Adani Ports was the biggest loser in trade despite reporting a good set of quarterly numbers.

The stock ended the day lower by a huge 12 per cent, after reports that the company was planning equity dilution and was seeking shareholders nod.

Speciality Restaurants ended the day lower by 2 per cent after reports that the company had temporarily suspended the operations of "Sigree Global Grill", Bengaluru.

NMDC on the other hand dropped after the company reduced the prices of iron ore. The stock ended 2 per cent lower.

HDFC was the top gainer in trade with NTPC and HCL Technologies among the other gainers.

The midcap index saw some serious selling pressure with stocks from the PSU banking space being the worst hit.

Canara Bank, Union Bank and Syndicate Bank saw substantial cuts. Meanwhile, markets across Europe were trading with losses of near half a per cent.

GoodReturns.in

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