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July 16, Monday 2018 2:44 AM       

       HEADLINES: Accused in Abhimanyu murder: Govt under pressure as party members show concern                                              Accused in murder of finance company owner arrested                                              People should be left with their faith: V M Sudheeran                                              Congress not to observe Ramayana month                                              Forest dept should kill and sell meat of threatening wild animals: P C George                                              Congress is a party for Muslim men: PM                                              BJP aims to field celebrities as 2019 election candidates                                              Nearly 3,000 pilgrims leave Jammu for Amarnath cave shrine                                              I am unhappy, swallowing pain of coalition govt, says Kumaraswamy                                              Centre, Lt Guv creating hurdles: Pondy CM                                              Team Trump plays nice in first visit to Mexico president-elect                                              Death toll in Balochistan attack reaches 130, Pak to observe national mourning day tomorrow                                              Summit fever: Trump reaches for big moment with Putin                                              Epic Djokovic stuns Nadal to reach Wimbledon final                                              Griezmann happy if France win World Cup 'ugly'                                              Dhoni booed by Indian spectators during 2nd ODI                                              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
 
 
BUSINESS HEADLINES
Niti Aayog working on proposal to replace LPG subsidy with cooking subsidy: Kumar  
India to be $10 trillion economy by 2030: Garg  
No question of closure of DCI; 3 ports to pick up govt stake: Gadkari  
India to be $10 trillion economy by 2030: Garg  
Markets slip from record to end flat on profit-booking  
Markets slip from record to end flat on profit-booking  
No question of closure of DCI; 3 ports to pick up govt stake: Gadkari  
Retail inflation rises to 5 percent in June  
Retail inflation soars to 5% in June, IIP presides to 3.2% in May  
Indian Army signs MoU with SBI on salary package  
US dollar ends sharply lower against rupee  
Gold, silver recover on mild demand  
BSNL starts first internet telephony service in India  
Sensex nears all-time high; TCS shines on Q1 show  
Gold futures gain 0.06% on global cues  
Goyal asks Coal India to ensure supply for power sector  
Grex Alternative Investments Market looks to raise $100 mln  
Cong targets PM over fall in value of Rupee  
Set up central agency to evaluate big loan proposals: ICAI  
Modi govt needs to shed 'obsession' with economic growth: Jean Dreze  
Sebi revamps panel on alternative investment  
Sebi exempts family trust related to Batliboi from making open offer  
Rupee crumbles to all-time closing low of 68.95 a dollar  
Gold futures rise 0.19% on positive global cues  
Sensex rallies 267 points; bank, auto stocks in limelight  
 
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