Market

The Sensex fell for the sixth consecutive session, closing 487.50 points, or 1.27 per cent, down at 37,789.13 while the Nifty-50 closed at 11,359.45, down 138.45 points, or 1.20 per cent.

Sensex dips as caution sets in

The lacklustre Q4 results have added to lack of investors’ interest along with the higher pledge by promoters.

09 May 2019 2:29 AM

Sensex hit an intra-day low of 37,743.07 and a high of 38,248.57. (Photo: File)

Sensex plummets 487 pts to close below 38,000-mark; RIL slides over 3 pc

Sensex was mainly dragged by Reliance Industries, HDFC, HDFC Bank, ICICI Bank and SBI, which lost up to 3.35 per cent.

08 May 2019 4:12 PM

Globally, spot gold was trading higher at USD 1,288.20 an ounce, while silver marginally rose to USD 14.99 an ounce in New York.

Gold prices surge by Rs 180 on firm global trend

Traders said sentiment turned bullish on back of pick-up in buying by local jewellers amid positive overseas trend.

08 May 2019 3:46 PM

On the Multi Commodity Exchange, crude oil contracts for delivery in May gained Rs 48, or 1.13 per cent, to Rs 4,312 per barrel with a business turnover of 17,678 lots.

Crude oil futures gain 1.13 pc on firm cues

Widening of bets at current levels helped crude oil prices at the domestic market.

08 May 2019 2:30 PM

Sensex drop was led by losses in global markets amid rising US-China tension. (Photo: File)

Sensex drops 250 pts; Nifty below 11,450

Top losers in early session were RIL, ONGC, Vedanta, NTPC, Bajaj Auto, among others shedding up to 1.57 per cent.

08 May 2019 10:12 AM

The rupee opened weak at 69.57 at the interbank forex market and then fell further to 69.64, down 21 paise over its last close.

Rupee slips 21 paise to 69.64 vs USD in early trade

Forex traders said heavy selling in domestic equities and rising crude oil prices kept pressure on rupee.

08 May 2019 10:04 AM

The broader market performed even worse with the BSE Mid-Cap down 0.98 per cent and Small-Cap down 0.85 per cent. (Photo: Pixabay)

Nifty sildes below support, may fall further

Despite mixed cues from the global markets, domestic market saw last hour sell off.

08 May 2019 6:09 AM

IndiGo is in talks with Airbus SE for another large plane order in a sign Asia's biggest budget carrier has no intention of letting up on a blistering pace of expansion.

Indigo mulls another aggressive expansion

IndiGo shares have gained about 33 per cent in the past 12 months.

08 May 2019 5:17 AM

The rupee came under pressure following a massive selloff in the domestic equity markets.

Rupee slips to 69.43 against US dollar

Rupee fell due to fag-end dollar demand from banks and importers amid sustained foreign fund outflows.

07 May 2019 6:25 PM

Sensex was mainly dragged by Tata Motors, ICICI Bank, Bharti Airtel and Reliance Industries -- shedding as much as 4.60 per cent. (Photo: File)

Sensex logs 5th straight loss, plummets 324 pts

Investors continued to weigh US-China trade war and lukewarm corporate results.

07 May 2019 4:36 PM

Globally, spot gold was trading marginally higher at USD 1,282.20 an ounce, while silver was down at USD 14.92 an ounce in New York. (Representational Image)

Gold falls on muted demand from jewellers despite Akshaya Tritiya

According to traders, fall in demand from local jewellers and retailers at domestic spot market led to dip in gold prices.

07 May 2019 3:59 PM

At the interbank foreign exchange market, Rupee opened at 69.40 against the dollar, then gained momentum and touched 69.36.

Rupee rises 4 paise to 69.36 vs USD in early trade

Rupee rise was driven by weakening of the greenback and positive opening in domestic equities.

07 May 2019 10:27 AM

The 30-share index was trading 169.69 points, or 0.44 per cent, higher at 38,770.03. (Photo: File)

Sensex recovers over 200 pts in early trade

Recovery was led by gains in banking and IT stocks despite weak global cues.

07 May 2019 10:05 AM

Domestic macro data also dampened sentiments as Indian service sector lost momentum in April, falling to seven-month lows. The services purchasing managers' index (PMI) dropped to 51 in April from 52 in March. (Photo: Pixabay)

Volatility hits highest level since September 2015

The broader market fared better with the BSE Mid-Cap Index down 0.79 per cent and Small-Cap down 0.85 per cent.

07 May 2019 5:38 AM

As part of the industry's efforts to prevent conflict-ridden diamonds entering the trade, diamond miners have started using block chain technology.

Diamond trade adopts block chain tech

GemFair provides artisanal miners with traceability, empowerment and fair market value.

07 May 2019 5:26 AM

The BSE Consumer Discretionary Index fell 1.33 per cent while the BSE FMCG Index fell 0.23 per cent.

Consumer-facing stocks plunge

Another top loser in the fast moving consumer goods (FMCG) space was Marico, which fell 4.56 per cent.

07 May 2019 5:11 AM

LIC’s stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

LIC books profit in Sensex firms in Q4

In Punjab National Bank, not a Sensex stock, the LIC stake came down from 8.89 per cent to 7.34 per cent.

07 May 2019 5:07 AM

Globally, spot gold was trading higher at USD 1,282.60 an ounce, while silver was down at USD 14.91 an ounce in New York. (Photo: Representational/AFP)

Gold rises on jewellers' buying, firm trend overseas

Traders said positive trend overseas and support from local jewellers led to a rise in gold prices.

06 May 2019 4:34 PM

Bucking the negative trend, ITC, TCS, Bharti Airtel and ONGC ended in the green at the Sensex. (Photo: File)

Sensex slumps 363 pts as US-China trade talks derail

After plunging 453 points intra-day, the BSE Sensex settled 362.92 points, or 0.93 per cent, lower at 38,600.34.

06 May 2019 4:23 PM

On the Multi Commodity Exchange, crude for delivery in May fell by Rs 81, or 1.88 per cent, to Rs 4,226 per barrel in a business volume of 20,586 lots.

Crude oil futures fall on global cues

The oil contracts for delivery in July fell by Rs 133, or 3.04 per cent, to Rs 4,243 per barrel in a business volume of 13 lots.

06 May 2019 3:43 PM

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