360° Coverage : Sensex closes flat, capital goods and bank stocks plummet

11 Updates
Sensex closes flat, capital goods and bank stocks plummet
Photo Credit: STRDEL, Getty Images

Sensex closes flat, capital goods and bank stocks plummet

Feb 6 2013, 6:41am CST | by

Mumbai, Feb 6 (IANS) A benchmark index for Indian equities markets closed flat in Wednesday's trade as capital goods and bank and public sector undertakings (PSU) stocks plummeted.

Mumbai, Feb 6 — A benchmark index for Indian equities markets closed flat in Wednesday's trade as capital goods and bank and public sector undertakings (PSU) stocks plummeted. The 30-scrip Sensex,...

Filed under: news

YouTube Videos

 
 
 

1 year ago

Sensex closes flat, capital goods and bank stocks plummet

Feb 6 2013, 6:41am CST | by

Mumbai, Feb 6 (IANS) A benchmark index for Indian equities markets closed flat in Wednesday's trade as capital goods and bank and public sector undertakings (PSU) stocks plummeted.

Mumbai, Feb 6 — A benchmark index for Indian equities markets closed flat in Wednesday's trade as capital goods and bank and public sector undertakings (PSU) stocks plummeted.

The 30-scrip Sensex, which opened at 19,737.77 points, closed at 19,639.72 points, down 20.10 points or 0.10 percent from its previous close at 19,659.82 points.

The Sensex touched an intra-day high of 19,767.25 points and a low of 19,611.27 points. The midcap index was marginally up 1.60 points, while the smallcap index was higher by 16.79 points.

The wider 50-scrip S&P CNX Nifty of the National Stock Exchange (NSE) closed higher by 2.30 points or 0.04 percent at 5,959.20 points.

There was a heavy selling pressure in capital goods and bank and PSU stocks. However, metal, information technology (IT) and technology, communication and entertainment (TECk) stocks rallied.

Major indices like the capital goods index closed 95.94 points lower, bank index was down 48.42 points and the PSU index down 42.64 points.

The IT index was up 39.55 points. The Metal index was up 30.38 points. And so was the TECk index, which was higher by 22.69 points.

The major Sensex gainers were Jindal Steel, up 2.69 percent at Rs.424.05; Maruti Suzuki, up 1.61 percent at Rs.1,626.20; HDFC, up 1.25 percent at Rs.807.80; Tata Consultation Services (TCS), up 0.82 percent at Rs.1,371.00; and Hindalco Inds, up 0.79 percent at Rs.114.50.

Eighteen of the 30 Sensex scrips declined. These included NTPC, down 2.12 percent at Rs.152.30; Coal India, down 2.03 percent at Rs.342.40; BHEL, down 1.72 percent at Rs.208.55, Hindustan Unilever, down 1.60 percent at Rs.454.90; and Larsen and Toubro (L&T), down 1.23 percent at Rs.1,514.60.

Among other Asian markets, Japan's Nikkei closed 3.77 percent higher while Hong Kong's Hang Seng ended 0.47 percent up. China's Shanghai Composite Index closed marginally up by 0.06 percent.

In Europe, Britain's FTSE 100 was up 0.33 percent, while the German DAX was trading 0.23 percent lower. The French CAC 40 was down 0.64 percent.

IANS

Source: IANS

 
Update
11

2 hours ago

Trai directs Loop to inform closure date to subscribers

Oct 1 2014 4:15am CDT | Source: Business Standard

Sectoral regulator Trai has directed Loop Mobile to inform date of closure of its services in Mumbai to all subscribers either in writing or by sending an SMS or email within 10 days. "The Authority hereby directs Loop Mobile that it shall . ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
10

6 hours ago

India may seek help of US for Dawood extradition

Oct 1 2014 12:45am CDT | Source: Business Standard

India may seek US' help for extradition of Dawood Ibrahim, the mastermind of 1993 Mumbai blasts, as they vowed to make 'joint and concerted efforts' to dismantle safe havens for terror and criminal networks like LeT, JeM, D-company, Al-Qa ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
9

8 hours ago

Rupee weakens to lowest since March 4

Sep 30 2014 10:57pm CDT | Source: Reuters India

MUMBAI (Reuters) - The rupee fell as low as 61.95 per dollar on Wednesday, its weakest level since March 4, as traders unwound positions ahead of holidays and at a time when the greenback is gaining global ...
Source: Reuters India   Full article at: Reuters India
 

 
Update
8

1 day ago

RBI takes small steps to deepen markets

Sep 30 2014 4:48am CDT | Source: Reuters India

MUMBAI (Reuters) - The Reserve Bank of India (RBI) said on Tuesday it will gradually lower the ceiling on bonds that can be held-to-maturity (HTM) starting in January, while further easing currency hedging rules for importers in moves to boost trading in markets. ...
Source: Reuters India   Full article at: Reuters India
 

 
Update
7

1 day ago

Reliance Comm aims to bring debt under 200 bln rupees in two years - official

Sep 30 2014 3:40am CDT | Source: Reuters India

MUMBAI (Reuters) - Reliance Communications Ltd aims to bring its debt to under 200 billion rupees in the next 24 months, Chairman Anil Amban ...
Source: Reuters India   Full article at: Reuters India
 

 
Update
5

1 day ago

Want to reduce undue volatility in rupee: RBI Governor

Sep 30 2014 3:04am CDT | Source: Bridgeville Public Library

"The rupee has risen in recent months and in the process has maintained its parity with the dollar seen at the beginning of the year", Raghuram Rajan told ...
Source: Bridgeville Public Library   Full article at: Bridgeville Public Library
 

 
Update
4

1 day ago

RBI governor says wants to reduce undue volatility in rupee

Sep 30 2014 1:44am CDT | Source: Reuters India

MUMBAI (Reuters) - The Reserve Bank of India is not focussed on any particular level of exchange rate, but wants to reduce undue volatility, Governor Raghuram Rajan said after the pol ...
Source: Reuters India   Full article at: Reuters India
 

 
Update
3

1 day ago

Expert views: RBI keeps rates on hold

Sep 30 2014 1:00am CDT | Source: Reuters India

MUMBAI (Reuters) - The Reserve Bank of India (RBI) kept its key policy repo rate unchanged at 8.0 percent on Tuesday, as widely expected, while expressing concern about risks to its target to bring consumer inflation down to 6 percent by J ...
Source: Reuters India   Full article at: Reuters India
 

 
Update
2

1 day ago

RBI keeps rates on hold, warns on inflation

Sep 30 2014 12:37am CDT | Source: Reuters India

MUMBAI (Reuters) - The Reserve Bank of India (RBI) kept its key policy repo rate unchanged at 8.0 percent on Tuesday, as widely expected, while expressing concerns about risks to its target to bring consumer inflation down to 6 ...
Source: Reuters India   Full article at: Reuters India
 

 
Update
1

2 days ago

India's textiles, apparel exports to rise by 10 pct this year

Sep 29 2014 6:00am CDT | Source: Reuters India

MUMBAI (Reuters) - India's cotton and apparel exports are set to climb by around 10 percent this year as higher wages, political instability and concerns about workplace conditions in other producing markets steer international buyers toward Indian exporters, industry officials ...
Source: Reuters India   Full article at: Reuters India
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

blog comments powered by Disqus

Latest stories

New material promises 'perfect' solar absorption
New York, Oct 1 (IANS) Researchers at the Massachusetts Institute of Technology (MIT) have developed a material that comes very close to being "ideal" for solar absorption.
 
 
Acupuncture may not improve chronic knee pain
Sydney, Oct 1 (IANS) Among patients older than 50 years with moderate to severe chronic knee pain, acupuncture does not improve discomfort any more than "sham" acupuncture, says a new study.
 
 
OPEC daily basket price closes lower
Vienna, Oct 1 (IANS/WAM) The basket of 12 crude oils of the Organization of Petroleum Exporting Countries (OPEC) closed at $94.17 a barrel Tuesday, compared to $94.54 Monday, the OPEC Secretariat said.
 
 
New test for early cancer detection
London, Oct 1 (IANS) Early detection of cancer could now be as easy as a simple blood test.
 
 
 

Latest from the Network

Asiad taekwondo: Indians knocked out
Incheon, Oct 1 (IANS) India's Nakul Malhotra (+87 kg) and Anand Pandia Rajan (-80 kg) were knocked out of men's quarter-final and Round of 16 matches, respectively, in men's taekwondo competition at the Asian Games...
Read more on Sport Balla
 
Skinny jeans, a staple trend
London, Oct 1 (IANS) Fashion trends come and go every season, but there have been particular standout styles over the past few years and one of them is skinny jeans. New research conducted by members at clothing label...
Read more on Celebrity Balla
 
India clinch women's hockey bronze at Asiad
Incheon, Oct 1 (IANS) The Indian women's hockey team put on a spectacular performance to defeat Japan 2-1 and claim the bronze medal at the 17th Asian Games here Wednesday. In a hard-fought playoff, India took an...
Read more on Sport Balla
 
Tintu runs out of steam, settles for silver
Incheon, Oct 1 (IANS) It was once again a case of so near and yet so far for India's Tintu Luka who, despite leading in most of the women's 800 metres final race, was overtaken by Kazakhstan's Margarita Mukasheva in...
Read more on Sport Balla
 
New material promises 'perfect' solar absorption
New York, Oct 1 (IANS) Researchers at the Massachusetts Institute of Technology (MIT) have developed a material that comes very close to being "ideal" for solar absorption. The material is a 2D metallic dielectric...
Read more on Business Balla
 
Monk posing with iPhone 6 may face disciplinary measures
Bangkok, Oct 1 (IANS) A monk in Vietnam could face disciplinary measures after photos of him posing with an iPhone 6 were posted on Facebook, a Buddhist leader said Wednesday. Thich Thanh Cuong, head of a Buddhist...
Read more on Politics Balla
 
Affleck's kids not interested in 'Batman'
Los Angeles, Oct 1 (IANS) Actor Ben Affleck, who has three children with wife and actor Jennifer Garner, says his kids don't care much about his role as Batman because they prefer Disney's "Frozen" movie. The actor is...
Read more on Celebrity Balla
 
Tintu Luka wins women's 800m silver
Incheon, Oct 1 (IANS) India's Tintu Luka brought home a silver medal from the women's 800 metres final at the Asian Games here Wednesday. Tintu led most of the race but was overtaken by Kazakhstan's Margarita...
Read more on Sport Balla
 
Neil Patrick Harris dares George Clooney
Los Angeles, Oct 1 (IANS) Taking a dig at actor George Clooney's Italian wedding, actor Neil Patrick Harris has dared the Hollywood heartthrob to share his wedding pictures on a talk show. Harris, who got married to...
Read more on Celebrity Balla
 
Acupuncture may not improve chronic knee pain
Sydney, Oct 1 (IANS) Among patients older than 50 years with moderate to severe chronic knee pain, acupuncture does not improve discomfort any more than "sham" acupuncture, says a new study. Sham acupuncture is any...
Read more on Business Balla