Sensex crashes over 1000 points and Nifty below  1100 points. After opening a positive note the benchmark equity indices crashes.  At 1:07 pm, the S&P BSE Sensex tanked 672.38 points or 1.81%  to trade at 36,448.84. The broader Nifty50 was trading at 11,042.55, down 191.80 points or 1.71%. Yes, Bank was the top loser in the Sensex pack today by tumbling as much as 34.03%  in early trade today after the Reserve Bank of India (RBI) asked its managing director and CEO Rana Kapoor to step down after an extended term till January 31, 2019.

Other losers on Sensex pack in the session were TCS (-0.02%), Hindustan Unilever (-0.07%), Wipro (-0.53%), Bharti Airtel (-0.70%), Infosys (-1.58%) and Yes Bank (-18.70%). Main laggards on Nifty pack were Bharti Airtel (-2.22%), HeroMotoCorp (-0.51%), Wipro (-0.45%), India Bulls Housing Finance (-0.25%) and Yes Bank (-0.19%).

Here are the names of prominent gainers in the30 shares list. Sensex pack in the session were ICICI Bank (+2.54%), Axis Bank (+2.25%), Tata Steel (+2.10%), HDFC (+2.01%), Asian Paints (+1.52%) and SBIN (+1.49%). Dr Reddy’s (+0.53%), Titan (+0.53%), IndusInd Bank (+0.43%), Eicher Motors (+0.42%) and NTPC (+0.38%) led the pack of Nifty gainers.

Recently, Stock exchanges BSE and NSE have received the securities market regulator SEBI’s approval to offer platforms for commodity derivatives trade from October 1, 2018.

The S&P BSE Sensex settled at 37,121.22, down 169.45 points and the Nifty50 index of the National Stock Exchange (NSE) ended at 11,234.35, with a loss of 44.55 points. Since late July, this was the lowest closing levels for markets.

Get The Latest Stock Updates, Equity Tips, Share Market Tips, Stock Market Tips, Intraday Tips  @ Investelite Research

Leave a Reply