Post Session- Sensex sheds over 250 pts amid weak Asian cues
08/08/2014 16:03
The key domestic benchmarks ended lower for a third day on the trot as the Sensex shed more than 250 points dragged lower by realty and metal stocks as most Asian markets tumbled after the US authorised airstrikes in Iraq to stem the militancy, dimming the appeal of risky assets. Meanwhile, China’s export growth accelerated to 14.5 per cent, year on year in July 2014, easing concerns over Asia’s biggest economy. On the corporate front, India’s largest bank, SBI said that Q1 net profit rose 3.3 per cent at Rs 3,349 crore, year on year even as provisions climbed.
The BSE SENSEX closed at 25,329.14, down by 259.87 points or by 1.02 per cent, and the NSE Nifty ended at 7,568.55, down by 80.7 points or by 1.06 per cent.
The BSE Sensex touched intraday high of 25,406.87 and intraday low of 25,232.82. The NSE Nifty touched intraday high of 7,592.45 and intraday low of 7,540.1.
On the Sectoral front, the BSE MIDCAP closed at 8,962.18, down by 188.56 points or by 2.06 per cent, while the BSE SMLCAP ended at 9,828.3, down by 214.91 points or by 2.14 per cent.
On the Sectoral front, realty and metal shed 3.86 per cent and 3.15 per cent, respectively.
The Market breadth, indicating the overall health of the market, was weak. On BSE out of total shares traded 3144, shares advanced were 906 while 2126 shares declined and 112 were unchanged.
08/08/2014 16:03
The key domestic benchmarks ended lower for a third day on the trot as the Sensex shed more than 250 points dragged lower by realty and metal stocks as most Asian markets tumbled after the US authorised airstrikes in Iraq to stem the militancy, dimming the appeal of risky assets. Meanwhile, China’s export growth accelerated to 14.5 per cent, year on year in July 2014, easing concerns over Asia’s biggest economy. On the corporate front, India’s largest bank, SBI said that Q1 net profit rose 3.3 per cent at Rs 3,349 crore, year on year even as provisions climbed.
The BSE SENSEX closed at 25,329.14, down by 259.87 points or by 1.02 per cent, and the NSE Nifty ended at 7,568.55, down by 80.7 points or by 1.06 per cent.
The BSE Sensex touched intraday high of 25,406.87 and intraday low of 25,232.82. The NSE Nifty touched intraday high of 7,592.45 and intraday low of 7,540.1.
On the Sectoral front, the BSE MIDCAP closed at 8,962.18, down by 188.56 points or by 2.06 per cent, while the BSE SMLCAP ended at 9,828.3, down by 214.91 points or by 2.14 per cent.
On the Sectoral front, realty and metal shed 3.86 per cent and 3.15 per cent, respectively.
The Market breadth, indicating the overall health of the market, was weak. On BSE out of total shares traded 3144, shares advanced were 906 while 2126 shares declined and 112 were unchanged.
