Markets

News Details

( 09 Nov 2018)
Indices edge lower; Bharti Airtel down 2.4%

Indian benchmarks continued to extend losses during the late noon trading session tracking the weakness in the Asian markets. Selling was witnessed in stocks including Bharti Airtel, Infosys, Reliance, TCS, Tata Steel, Wipro and State Bank of India among others.

At 14:30 hours, the 30-share benchmark index was trading at 35144.98 down by -92.7 points or by -0.26 % and then NSE Nifty was at 10574.5 down by -23.9 points or by -0.23 %.

Sensex touched intraday high of 35287.29 and intraday low of 35011.23 The NSE Nifty touched intraday high of 10619.55 and intraday low of 10544.85

The top gainers of the BSE Sensex pack were YES Bank Ltd. (Rs. 224.95,+4.14%), Asian Paints Ltd. (Rs. 1295.25,+3.55%), Sun Pharmaceutical Industries Ltd. (Rs. 600.35,+3.08%), Hindustan Unilever Ltd. (Rs. 1675.20,+2.14%), Adani Ports & Special Economic Zone Ltd. (Rs. 333.15,+2.01%), among others.

The top losers of the BSE Sensex pack were Bharti Airtel Ltd. (Rs. 298.70,-2.37%), Infosys Ltd. (Rs. 662.40,-2.01%), Reliance Industries Ltd. (Rs. 1089.50,-1.90%), Tata Consultancy Services Ltd. (Rs. 1910.65,-1.65%), Tata Steel Ltd. (Rs. 572.60,-1.35%), among others.

Among the sectors, _HCS index was at 14690.32 up by 154.75 points or by 1.06%. Gufic BioSciences Ltd. (Rs. 104.50,+7.79%), Jubilant Life Sciences Ltd. (Rs. 768.00,+4.84%), Vimta Labs Ltd. (Rs. 290.00,+4.22%), Marksans Pharma Ltd. (Rs. 34.00,+3.50%), Piramal Enterprises Ltd. (Rs. 2271.20,+3.16%),.

IT index was at 14166.07 down by -190.09 points or by -1.32%. Xchanging Solutions Ltd. (Rs. 47.70,-4.41%), Brightcom Group Ltd. (Rs. 3.30,-4.35%), KPIT Technologies Ltd. (Rs. 214.45,-2.92%), Tata Elxsi Ltd. (Rs. 1030.35,-2.63%), Intellect Design Arena Ltd. (Rs. 264.05,-2.29%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2726 , shares advanced were 1320 while 1257 shares declined and 149 were unchanged.