sensex slumps by 189 points on election results
Last Updated : GMT 10:57:08
Arab Today, arab today
Arab Today, arab today

Sensex slumps by 189 points on election results

Arab Today, arab today

Arab Today, arab today Sensex slumps by 189 points on election results

Mumbai - Arabstoday

A benchmark index for Indian markets closed 189 points lower on Tuesday as the Congress party which leads the United Progressive Alliance government at the centre fared poorly in assembly elections. The election debacle for the Congress sparked off fears of a weaker government that would not be able to push through key reforms and legislations. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,336.64 points, closed at 17,173.29, down 189.58 points or 1.09 per cent from its previous close at 17,362.87 points. The Sensex had risen to an intra-day high of 17,691.96 points and fell to a low of 17,128.28 points. The 50-scrip S&P CNX Nifty of the National Stock Exchange ended at 5,222.4 points, down 57.95 points or 1.1 per cent. “The market is sensing that there can be difficulty in policy making going forward and also there can be slow down in reform process. In that fear, market had come under pressure since afternoon. However, we feel that this fall can offer good opportunity for investors to start investing,” said D. K. Aggarwal, chairman and managing director of SMC Investments and Advisors. Broader markets also closed in the red with the BSE 500 index slipping 1.06 per cent. The BSE midcap index was down 1.11 per cent, while the BSE smallcap index closed 1.29 per cent lower. Metal, power, capital goods and energy stocks were among the major losers while FMCG scrips gained. The market breadth was positive with 1,048 stocks advancing, 1,773 declining and 113 remaining unchanged._ Gainers on the Sensex included DLF, up 2.73 per cent at Rs.197.45; ITC, up 1.45 per cent at Rs.210; Infosys, up 1.41 per cent at Rs.2,849.05 and Maruti Suzuki, up 1.01 per cent at Rs.1,328.80. Major losers included Hindalco, down 5.75 per cent at Rs.131.85; Sterlite, down 5.44 per cent at Rs.113.85; RIL, down 2.68 per cent at Rs.776.50 and ICICI Bank, down 1.98 per cent at Rs.853.20.

arabstoday
arabstoday

GMT 03:16 2017 Saturday ,18 November

Asian markets head for positive end to volatile week

GMT 11:57 2017 Friday ,17 November

US stocks boosted by solid Wal-Mart, Cisco earnings

GMT 06:51 2017 Friday ,17 November

Bahrain Bourse daily trading performance

GMT 03:57 2017 Thursday ,16 November

Stock markets retreat as oil slides

GMT 15:05 2017 Wednesday ,15 November

Bahrain Bourse daily trading performance

GMT 02:47 2017 Wednesday ,15 November

Asian markets down as fears grow for US tax reform

GMT 19:56 2017 Tuesday ,14 November

Bahrain Bourse daily trading performance

GMT 02:48 2017 Saturday ,11 November

European stock markets fall further
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

sensex slumps by 189 points on election results sensex slumps by 189 points on election results

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

sensex slumps by 189 points on election results sensex slumps by 189 points on election results

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Prince's vision spurs new Cornwall village

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Airbnb raided by Japan

GMT 01:55 2017 Saturday ,18 November

Airbnb raided by Japan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 05:18 2017 Thursday ,16 November

Boeing announces $27bn from flydubai

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday