News Details
Category : Market
Headline : Sensex dips over 200 pts; Nifty trades below 11,909
Date: 12/06/2019 14:42
The equity indices have recovered losses but continue to trade in negative terrain in the late afternoon session. Among sectors, metal, FMCG are trading higher while realty, auto are trading lower. The rupee is trading higher 12 paise at 69.32 per dollar. The shares of Welspun Enterprises jumped 3 per cent after the company received bonus of Rs 27.09 crore from NHAI for early completion of a project and the shares of Tata Steel rose nearly 3 per cent despite of the European Commission formally blocking the proposed European steel joint venture with ThyssenKrupp AG.

At 14:25 hours, the SENSEX was trading at 39747.71 down by -202.75 points or by -0.51 per cent and then NSE Nifty was at 11908.65 down by -56.95 points or by -0.48 per cent. The BSE Sensex touched intraday high of 39982.1 and intraday low of 39623.53 The NSE Nifty touched intraday high of 11962.45 and intraday low of 11866.35.

The top gainers of the BSE Sensex were Tata Steel Ltd. (Rs. 505.30,+2.54%), Oil And Natural Gas Corporation Ltd. (Rs. 170.00,+0.59%), Vedanta Ltd. (Rs. 170.00,+0.44%), Reliance Industries Ltd. (Rs. 1332.50,+0.30%), among others. On the other hand, the top losers of the BSE Sensex were YES Bank Ltd. (Rs. 134.65,-3.34%), Kotak Mahindra Bank Ltd. (Rs. 1481.05,-1.75%), Maruti Suzuki India Ltd. (Rs. 6861.30,-1.60%), Hero MotoCorp Ltd. (Rs. 2735.00,-1.47%), Bajaj Auto Ltd. (Rs. 2950.00,-1.35%), among others.

Among sectors, FMCG index was at 11650.21 up by -2.9 points or by -0.02%. McLeod Russel (India) Ltd. (Rs. 27.60,+9.96%), Associated Alcohols & Breweries Ltd. (Rs. 208.85,+4.37%), Avadh Sugar & Energy Ltd. (Rs. 718.80,+2.89%), IFB Agro Industries Ltd. (Rs. 410.05,+2.62%), Nath Bio-Genes (India) Ltd. (Rs. 436.00,+2.59%),. On the flip side, Realty index was at 2132.76 down by -33.94 points or by -1.57%. Indiabulls Real Estate Ltd. (Rs. 115.75,-3.94%), DLF Ltd. (Rs. 185.75,-3.00%), Prestige Estates Projects Ltd. (Rs. 260.20,-2.84%), Godrej Industries Ltd. (Rs. 892.40,-0.99%), Phoenix Mills Ltd. (Rs. 644.50,-0.82%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2713 , shares advanced were 1069 while 1479 shares declined and 165 were unchanged.