You are here: Home >> English News & Features >> BUSINESS & ECONOMY

Sensex chops off 130 pts on profit booking

DNMUM385245 | 3/21/2017 | Author : DNA Correspondent | WC :235

MARKET DIARY

Mumbai: Markets ended with losses succumbing to profit booking by cautious participants on Monday. The rupee’s continuous strength (65.31 intra-day) against the dollar weighed on IT stocks dragging the Sensex down, amid mixed global cues. While the BSE Sensex shaved off 130.25 points, or 0.44%, closing at 29518.74, Nifty wrapped up the session at 9126.85, after dropping 33.20 points, or 0.36%. Among the 30-share Sensex components, Axis Bank emerged as the top loser by falling 2.41% to Rs 504.55, followed by ICICI Bank 1.99% to Rs 275.15. Idea Cellular tumbled 9.55% to Rs 97.60 after the company announced its merger with Vodafone India. Infosys, TCS, Wipro, RIL, Tata Steel, L&T, Hind Unilever, PowerGrid, Maruti Suzuki and Mahindra
Read full story


Copyright restricted. Under license from www.dnasyndication.com   
Add To Lightbox
Calculate Price

More on BUSINESS & ECONOMY

Sensex, Nifty off peaks as bulls take a breather
DNMUM387572 | 4/28/2017 12:00:00 AM | Author : DNA Money Correspondent | WC :193

Mumbai: Indian markets traded in a taut range on the back of F&O expiry on Thursday to close with marginal losses. The BSE Sensex ended at 30029.74, after falling 103.61points, or 0.34%, while Nifty closed at 9342.15, after dropping 9.70 po
Add To LightboxCalculate Price

Return, not label, matters in value and growth funds
DNMUM387573 | 4/28/2017 12:00:00 AM | Author : Tarun Birani | WC :695

A myth which has been around for a long time becomes a reality. In the same way, the perception towards categorising the funds as growth funds and value funds has been around long enough for us to believe that they exist and behave
Add To LightboxCalculate Price

Go on a world tour…virtually
DNMUM387574 | 4/28/2017 12:00:00 AM | Author : Priyanka Golikeri | WC :470

Witness the great migration in the Maasai Mara in Kenya from a safari jeep. Get a feel of Italy’s crisp air while driving down the Amalfi Coast in a vintage car. Or go on a road-trip to uncover the spellbinding beauty of Iceland. All of this si
Add To LightboxCalculate Price

Hudco to raise `1,200 cr in maiden float
DNMUM387582 | 4/28/2017 12:00:00 AM | Author : DNA Money Correspondent | WC :134

Mumbai: Housing and Urban Development Corporation Ltd (Hudco) plans to raise Rs 1,224 crore through its initial public offer (IPO), in first such offering by a government-owned company in the last five years.The previous one, National Building
Add To LightboxCalculate Price