Medicine

Sensex, Nifty plunge amid investor concerns over government finances, retail inflation data

Sensex, Nifty plunge amid investor concerns over government finances, retail inflation data

Besides, caution prevailed ahead of the release of Consumer Price Index (CPI) data points later in the evening as well as the Wholesale Price Index (WPI) numbers slated for release on Tuesday.

The decline - close to 1% for the Sensex and the Nifty - was all but pervasive across sectors.

The Nifty of National Stock Exchange (NSE) too shed by 96.80 points to 10,224.95.

Indian shares fell sharply on Monday, with mixed global cues, sluggish industrial output data and weak earnings updates from the likes of Adani Ports, DLF, Idea Cellular, BPCL and Coal India weighing on markets.

More news: L&T Hydrocarbon Engineering bags Rs 1267-crore order from ONGC

On Friday, the NSE Nifty closed 0.12 per cent higher at 10,321.75 while the benchmark BSE Sensex settled up 0.19 per cent at 33,314.56. "The Nifty hit its lowest level in nearly three weeks", Jasani added.

A weakening rupee, which depreciated by 35 paise to 65.51 against the dollar during the day on fears that the tax rate decision of the GST Council will have a revenue implication of Rs 20,000 crore annually, too dampened investor sentiment.

"Domestic investors turned cautious giving more weight to slowdown in IIP to 3.8%, geopolitical tensions in the Middle-East and continued advancement in crude prices".

On the other hand, Mahindra & Mahindra (2.14%), TCS (1.71%), State Bank Of India (1.61%), Axis Bank (1.40%) and Asian Paint (0.62%) were the biggest gainers in the Sensex.


  • PS4 online multiplayer open to everyone for 5 days

    PS4 online multiplayer open to everyone for 5 days

    And for those curious, it looks like discounts for the PlayStation 4 Pro will be rare if they exist at all. First up, all PlayStation VR bundles will be available at a great deal at participating retailers.
    United States  aircraft carriers, South Korean destroyers conduct joint naval excercise

    United States aircraft carriers, South Korean destroyers conduct joint naval excercise

    In late October, Seoul agreed with Beijing to try and improve a relationship that had deteriorated over the deployment of the U.S. Pacific Fleet's unique ability and ironclad commitment to the continued security and stability of the region", Adm.
    No alternative of Shahid's acting in Pamavati, says Deepika

    No alternative of Shahid's acting in Pamavati, says Deepika

    The response I have received after the trailer (released). "It's something that, I hope, the whole fraternity will be proud of". I think we all are very excited and overwhelmed by the response and we can't wait to share this film with everyone.
  • Pakistan Super League 3 draft being held

    Pakistan Super League 3 draft being held

    Supplementary Rounds were for those players who were not available for the entire season. Multan Sultans picked Hardus Viljoen , Umar Gul, Umar Sadique and Ross Whiteley.
    Fukrey Returns Trailer : Stupid boys are back with Bholi Punjaban

    Fukrey Returns Trailer : Stupid boys are back with Bholi Punjaban

    The gang of Fukreys - Hunny, Choocha, Lali and Zafar are back to lock horns with Bholi Punjaban , who is back from the jail. While the first one revolves around Choocha's dreams, the sequel has him see the future ('deja chu', in Choocha's words).
    Uber's biggest rival Lyft eyes Toronto expansion by end of year

    Uber's biggest rival Lyft eyes Toronto expansion by end of year

    Lyft now operates in approximately 300 American cities, including New York City, Los Angeles, St. Lyft has been around since 2012, but up until now, has only been available in the US.
  • Iran says it does not interfere in Lebanese state affairs, says TV

    Iran says it does not interfere in Lebanese state affairs, says TV

    Soon after the interview was announced, Lebanese President Michel Aoun said Al Hariri's freedom was being restricted in Riyadh. Lebanese Prime Minister Saad Hariri has resigned - but the circumstances that led to the shock move are shrouded in mystery.
    Kentucky small plane crash leaves 4 dead

    Kentucky small plane crash leaves 4 dead

    Part of the plane was lodged between large branches in a tree, and debris was scattered at least 200 feet, the state trooper said. FAA officials said the plane's destination was the Lake Cumberland International Airport in Somerset, Kentucky.

    Samantha Ruth Prabhu And Naga Chaitanya's Wedding Reception. See More Pics

    Naga Chaitanya as attire in Black Suit and Sam in a dreamy gown for this special day has stood stunning throughout the event. The celebration did not end there and Naga Chaitanya and Samantha hosted a reception in Hyderabad on November 12, 2017.
  • Texas Church Shooter's Ex-wife Says He Abused, Threatened to Kill Her

    Texas Church Shooter's Ex-wife Says He Abused, Threatened to Kill Her

    The couple finally divorced in 2012, and in 2013, Kelley pled guilty to choking Brennaman, pulling her hair and kicking her. He was also confined to a military prison for a year and received a bad conduct discharge from the Air Force.

    UBS AG Lowers Nabors Industries Ltd. (NYSE:NBR) Price Target to $10.00

    The company reported ($0.35) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.34) by $0.01. Year to date Nabors Industries Ltd. (NYSE:NBR) is -60.98%, -3.61% over the last quarter, and -36.25% for the past six months.
    Inside Pics: Sridevi Celebrates Boney Kapoor's Birthday in Chennai

    Inside Pics: Sridevi Celebrates Boney Kapoor's Birthday in Chennai

    Talking about Jhanvi Kapoor's Bollywood debut, she is going to star in Bollywood remake of Marathi hit film Sairat . In one particular picture from the lot, Boney Kapoor is seen kissing his youngest daughter Khushi Kapoor.