Twitter

Facebook

Youtube

Pintrest

RSS

Hindi News | Samay | UP/Uttarakhand | MP/Chhattisgarh | Bihar/Jharkhand | Rajasthan | Aalami Samay
Sensex falls to two week low at close
Last Updated : 31 Jan 2013 05:00:16 PM IST
Sensex
File photo of Bombay stock exchange.
 

Hit by profit-booking in ICICI, HDFC Bank and RIL shares, the BSE benchmark Sensex on Thursday fell by 110 points to close at two-week low of 19,894.98 amid cautious trading on monthly expiry of derivative products.


Mixed global cues with a downward bias after the US Commerce Department yesterday surprised market by declaring contraction in the US economy for the fourth quarter also weighed on the domestic market sentiment, said brokers.

The BSE 30-share barometer initially touched a high of 20,008.83 but later fell back and remained in negative zone for the rest of the day. It concluded at 19,894.98, a fall of 110.02 points or 0.55 per cent.

Similarly, the NSE 50-issue Nifty also declined by 21.00 points or 0.35 per cent to close at 6,034.75.

Banks, mainly from private sector, and refinery stocks fell on selling while realty and PSU shares saw rise.

ICICI Bank fell 1.93 per cent after profit-booking set in after the private sector bank posted over 30 per cent growth in December quarter profit. HDFC Bank scrip lost 1.87 percent.

Sensex falls to 2-week low; profit-taking in ICICI Bank, RIL:

Reliance Industries fell 1.39 per cent after the first meeting of the newly formed Cabinet Committee on Investment yesterday failed to break the logjam over defence clearances to oil and gas activities in 39 offshore areas, including RIL's producing KG-D6 fields.

Tata Power was the biggest loser in Sensex with a fall of 2.17 per cent. L&T, Bharti Airtel and HUL also ended lower.

However, ITC was in keen demand with a rise of 1.25 per cent. Alongwith ITC, rise in Bhel, Sun Pharma, Hero MotoCorp and CIL cushioned the Sensex fall to some extent.

"The broader indices did see some profit booking on the F&O expiry. However, stock specific activity was vivid," said Milan Bavishi, Head Research, Inventure Growth & Securities.

PSU banks hogged limelight in the Nifty space as PNB showed improvement in asset quality. The stock ended over 9.37 per cent while Union Bank gained nearly 6 per cent.

Jet Airways shares surged 4.4 per cent on hopes of a deal with Etihad soon, said dealers.
 


Post Your Comment (0 posted):
Post your comment Post Your Comments
Your name :
Your e-mail address :
Your website :
Add your comments :
Please enter the code you see in the image:
Code

Its homecoming of sorts for gorgeous former Miss Universe Sushmita Sen as she is set to s

Bollywood actress Sunny Leone was looking stunningly beautiful as she walk the ramp as t

Salman Khan a "national boyfriend" this name has been given to him by Karan Johar, Karan

Aamir Khan is fiercely protective about his movies, but the story of Peekay has been leake

Pakistani actress Saba Qamar's “Kambakht” is set to clash with Salman khan’s upcomin

People still think that Manju from Comedy Nights With Kapil is actually Kapil Sharma's rea

Recently, two Pakistani actresses have made inroads into Bollywood. Humaima Malick will be

These women can put to shame celebrities who boast of having a size zero figure. These wom

Rabiya Khan, the mother of deceased Bollywood actor Jiah Khan, assured the Bombay High Co

Another love lady of Akshay Kumar. Bollywood Khiladi has a long list of love affairs Sta

Bollywood's selfie obsession has caught the fancy of almost all stars in the industry. See

Social networking sites have been flooded by the news how Deepika Padukone wished Happy Bi

When Malaysian Airlines flight MH17 came down after being hit by a missile in east Ukraine

Sunny leone is in a denial mode but the site owners have her signed contract.Sunny isone d

A Malaysia Airlines plane was blown up over Eastern Ukraine by a sophisticated missile bel

We bet you did not know these facts about the birthday girl Priyanka ChopraToday is our de

A new study has claimed that if you sleep in the nude, then you can have a happier relatio

Russian President Vladimir Putin was on target but terrorists by mistakenly shot down Mala

Another conspiracy that is originating from the blasting of the Malaysian airlines flight

With the MeT department warning of heavy showers at various places in Uttarakhand on Satur

Actor Daniel Craig will return as the iconic British spy for his fourth outing as Bond.

Lord Hanuman has managed to get an Aadhaar card made, but there are no takers for it.

Apple had more than 4 million advance orders of its new iPhones in the first 24 hours.


Samay Live

Samay Live

 

Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live

10.10.70.24