Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2012        Go!    
 
 
October 23, Monday 2017 2:32 AM       

       HEADLINES: Sangh Parivar will divide India using Taj Mahal as weapon: Thomas Isaac                                              Notice sent to Dileep seeking explanation on security agency                                              Lake encroachment: Collector’s report is against Thomas Chandy                                              Expel Thomas Chandy from cabinet, says Chennithala                                              I’ve not seen the report, says Revenue Minister                                              Zakir Naik to be chargesheeted by NIA                                              Opp. parties have no 'authority' to question EC: Modi                                              Modi Govt. is 'a government of excuses': Congress                                              Rajini says 'Mersal' has addressed important issue                                              Anti-terror squad kills eight suspects in Karachi                                              Zardari accuses Sharif brothers of planning his murder twice                                              Swaraj meets B'desh PM discusses Rohingya crisis                                              Third gold for Anumol                                              School sports meet: Thangjam Singh strikes triple                                              Kohli smashes 31st ODI ton, surpasses Ponting's record                                              Srikanth blows away Lee to win Denmark Open                                              Kaumudi Facebook
       BUSINESS Next Article: CBDT highlights 25 per cent surge in filing of IT returns  
       Nifty ends below 10,000, drops 79 pts
 
         Posted on :20:27:08 Aug 8, 2017
   
A A
       Last edited on:20:27:08 Aug 8, 2017
         Tags: Nifty ends below 10,000, drops 79 pts
 

MUMBAI: The NSE benchmark Nifty extended its losses for the second day to drop below the psychological 10,000-level on emergence of selling mainly in realty and banking space after market regulator Sebi imposed trading restrictions on 331 listed shell companies with immediate effect.

The volatile trading momentum witnessed intense selling pressure as investor concerns emerged after Sebi last night directed exchange to initiate action against the suspected shell companies. These scrips will not be available for trading this month.

These entities would be subject to independent audit and if required, forensic audits could also be initiated to check their credentials.

Overseas, the Asian market took a breather as disappointing Chinese trade data clouded the otherwise upbeat outlook on global growth.

European stocks were trading lower in their afternoon trade as miners came under pressure.

The 50-share Nifty opened higher 10,068.35 and moved in a range of 10,083.80 and 9,947.00 before finishing at 9,978.55 a fall of 78.85 points, or 0.78 per cent, from its last close.

It saw an intra-day movement of about 136.80 points.

Barring metal, which made good gains at 1.47 per cent, key indices witnessed across-the-board selling led by realty (4.40 per cent), followed by PSU bank (2.39 per cent), energy (1.70 per cent), bank (1.23 per cent), infra (1.20 per cent) FMCG (1.18 per cent), private bank (1.17 per cent), pharma (1.12 per cent), media (0.94 per cent) and commodities (0.85 per cent).

Major index losers were Dr Reddy's 5.04 per cent, BPCL 4.29 per cent, IOC 4.16 per cent, Infratel 3.58 per cent and Coal India 2.56 per cent.

Top gainers included VEDL 3.48 per cent, Hndalco 3.18 per cent, Tata Steel 2.73 per cent, Cipla 2.14 per cent and GAIL 1.35 per cent.

Mid-cap and small-cap turned sluggish in today's trade, with the Nifty mid-cap and small-cap dropping 1.21 per cent and 1.71 per cent, respectively.

A total of 1,355 scrips declined, 344 advanced while 35 remained unchanged.

Total securities that hit their price bands were 137.

Turnover in the cash segment jumped to Rs. 28,333.38 crore, from Rs. 24,375.13 crore yesterday.

A total of 16,471.06 lakh shares changed hands in 9,276,119 trades. The market capitalisation of listed firms on the NSE stood at Rs. 1,30,60,505 crore.

A A
       BUSINESS
Next Article: CBDT highlights 25 per cent surge in filing of IT returns
 
 
BUSINESS HEADLINES
Some rejig in GST rate structure required: Adhia  
Essar completes construction of Ro-Ro terminals in Gujarat  
Now, Air India looks for Rs 1,500 crore short term loans  
Govt incentivises online purchase, payment of Gold Bonds  
Modi praises IFFCO's efforts in farmers upliftment  
UAE Exchange India won Indcom Award 2017 for Best Digital Media Campaign  
Bajaj Finserv slashes personal loan interest rate to 11.99%  
AI looks for Rs. 1,500 crore short term loans  
Paytm reports Mega-Dhanteras sale  
Reliance Jio hikes 84-day plan to Rs. 459  
US dollar ends higher against rupee  
Gold worth inr 120cr transacted within 6 months: Paytm  
Commodities worth over Rs 120 cr procured at MSP in R'sthan  
Nifty hits fresh high; Sensex slips from record  
Sensex, Nifty retreats from record on profit booking  
Reliance Retail to be biggest threat to Amazon, Flipkart: Pai  
India undergoing 'exciting digital transformation: IMF  
Sensex hits new peak of 32,687.32; Nifty at 10,242.45 pts  
Digital India to contribute 30pct to India's GDP by 2025  
Bring real estate under GST: Sisodia writes to Jaitley  
IMF favors three structural reforms in India  
India must go for pollution-free methanol as fuel: Gadkari  
Indian Railways to start cheaper, faster Rajdhani between Delhi-Mumbai  
Help young entrepreneurs to set up startups: AP IT Minister Lokesh to officials  
Madhya Pradesh slashes VAT on petrol by 3%, diesel by 5%  
 
Should Kummanam apologise to Kerala as remarked by the CM?
yes
 
no
 
no opinion
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy