learningandfinance.com


Business

Sensex down by 281 pts, 3-week-low

Share
Sensex Nifty fall in early trade amid weak Asian markets

Retail inflation has hit seven months high.

On a closing basis, the wider Nifty50 of the National Stock Exchange (NSE) dipped by 38.35 points, or 0.38 per cent, to close at 10,186.60 points.

On Friday, the NSE Nifty closed 0.12 per cent higher at 10,321.75 while the benchmark BSE Sensex settled up 0.19 per cent at 33,314.56.

"Markets slid further on Tuesday to close with losses for the second consecutive session".

The markets turned negative after government data showed a rise in both consumer and wholesale inflation, according to Mint.

Mumbai, Nov 14 The market topped the key 33,000 level multiple times today, but closed below that threshold after rising inflation numbers squeezed the headroom for an interest rate cut at RBI's policy review next month.

Tyson Foods, Inc. (NYSE:TSN) Achieve New Highs
Dekabank Deutsche Girozentrale holds 6,499 shares. 160,000 were accumulated by Armistice Capital Limited Liability Corp. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Saif Ali Khan's Special Gift For Taimur Ali Khan On Children's Day
We can't wait to know what's more in the store for baby Taimur with Children's Day gift already being this grand. On Monday, Saif Ali Khan was spotted buying the vehicle (which supposedly cost him around Rs 1.07 crores).

Coalition to Gradually Reopen Yemen's Seaports, Airports
Noting that there were three weeks of vaccines left in the country, McGoldrick said "humanitarian supplies are dangerously low". The UN's aid coordinator in Yemen, Jamie McGoldrick, said there was no time to wait for a new inspection system to be set up.

Major losers in the 30-share index were Tata Motors (3.68%), Coal India (2.70%), Housing Development Finance Corporation (2.53%), Adani Ports and Special Economic Zone (2.33%), Sun Pharmaceutical Industries (2.09%), and Oil & Natural Gas Corporation (2.08%).

Weakness rubbed off on broader markets, with mid-cap and small-cap indices falling by up to 0.22 per cent.

The Indian rupee, which opened at 65.36 a dollar, was trading at 65.51 around 4.40 pm.

"Global cues were not helping either amid uncertainty over the USA tax reform, slowdown in Chinese factory output and growing political issues in the United Kingdom", he added.

Larsen & Toubro was the biggest drag with a decline of 2.45 percent.

Share