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September 23, Sunday 2018 1:38 PM       

       HEADLINES: Franco Mulackal should be subjected to lie detector test, says police                                              Fr. Mathew Manavath raises allegation against Kerala BJP                                              Body of toddler found                                              CM reaches office                                              Fr. Geevarghese defends his decision to join BJP                                              We did not have a choice, says ex-French President Hollande on Reliance getting Rafale offsets                                              “If church try to throw us out, we’ll face it”, say nuns                                              UN Secretary-General to visit India in October                                              Russia warns US it is 'playing with fire' with sanctions                                              Pak PM Imran hits out at India, calls its response "arrogant" for cancelling talks                                              Hasan, Asghar, Rashid fined 15 per cent of their match fees                                              Kaumudi Facebook
       BUSINESS Next Article: China's economy slows in first quarter: AFP survey  
       Sensex tanks 293 pts on weak Asian cues; Infy falls 4%
 
         Posted on :10:30:48 Apr 16, 2018
   
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       Last edited on:10:30:48 Apr 16, 2018
         Tags: Sensex tanks 293 pts, Infy falls 4%
 

MUMBAI: The BSE benchmark Sensex fell nearly 300 points to crack below the 34,000-mark Monday amid weak Asian cues after a US-led strike on Syrian targets fuelled fresh geopolitical concerns.

The 30-share index fell by 293.31 points, or 0.85 per cent, to 33,899.34 in opening trade.

The gauge had gained 1,173.88 points in the previous seven sessions.

BSE sectoral indices, led by IT, Teck, oil and gas, PSU, power, infrastructure and banking stocks, declined up to 1.45 per cent.

The NSE Nifty was trading lower by 84.25 points, or 0.80 per cent, at 10,396.35.

Shares of Infosys fell 3.86 per cent to Rs. 1,123.90 less-than-expected FY19 revenue guidance. The stock was the biggest contributor to the losses on Sensex.

Other major losers were Tata Motors, Wipro, Axis Bank, ONGC, NTPC, RIL, Dr Reddy's SBI, Bharti Airtel, ICICI Bank, Maruti Suzuki, Asian Paint and Tata Steel, falling by up to 1.54 per cent.

Among other Asian markets, Hong Kong's Hang Seng shed 1.44 per cent, while Shanghai Composite Index was down 1.05 per cent in early trade. Japan's Nikkei, however, was up 0.26 per cent.

The US Dow Jones Industrial Average ended 0.50 per cent lower in Friday's trade.

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       BUSINESS
Next Article: China's economy slows in first quarter: AFP survey
 
 
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