ECONOMY ANALYSIS
Geopolitical tensions drag Sensex 431 pts; DLF, Cipla crash
New listing: Sharda Cropchem up 76%, debuts at Rs 260
NBCC at new high, up 400% YTD; Nomura still sees 49% upside
Rashtriya Ispat files draft papers for IPO
SAIL OFS deferred in September due to share price fall
Tech Mahindra signs multi-year contract with Finnish co
MARKET ANALYSIS
The S&P BSE Sensex posted its biggest single-day fall in two-and-a-half
months on Tuesday tracking weak trend seen in other Asian markets.
Global stocks saw some bit of profit booking on disappointment over
European manufacturing data and concerns about an unemployment measure
in a survey in China.
The S&P BSE Sensex which bounced back in trade on Monday came under
some intense selling pressure in trade on Tuesday. The index slipped as much
as 462 points in trade to close below its crucial psychological level of 27000.
The 30-share BSE Sensex closed at 26775.69, down 431 points or 1.58 per
cent. It touched a high of 27256.87 and a low of 26744.07 in early trade.
Tracking the momentum, the 50-share Nifty index slipped below its crucial
psychological level of 8100 and is now trading near key support levels of
8000.
The 50-share Nifty index ended at 8017, down 128 point or 1.58 per cent. It
touched a high of 8159.75 and a low of 8008.10 in early trade.
Geopolitical tensions drag Sensex 431 pts; DLF, Cipla crash
New listing: Sharda Cropchem up 76%, debuts at Rs 260
NBCC at new high, up 400% YTD; Nomura still sees 49% upside
Rashtriya Ispat files draft papers for IPO
SAIL OFS deferred in September due to share price fall
Tech Mahindra signs multi-year contract with Finnish co
MARKET ANALYSIS
The S&P BSE Sensex posted its biggest single-day fall in two-and-a-half
months on Tuesday tracking weak trend seen in other Asian markets.
Global stocks saw some bit of profit booking on disappointment over
European manufacturing data and concerns about an unemployment measure
in a survey in China.
The S&P BSE Sensex which bounced back in trade on Monday came under
some intense selling pressure in trade on Tuesday. The index slipped as much
as 462 points in trade to close below its crucial psychological level of 27000.
The 30-share BSE Sensex closed at 26775.69, down 431 points or 1.58 per
cent. It touched a high of 27256.87 and a low of 26744.07 in early trade.
Tracking the momentum, the 50-share Nifty index slipped below its crucial
psychological level of 8100 and is now trading near key support levels of
8000.
The 50-share Nifty index ended at 8017, down 128 point or 1.58 per cent. It
touched a high of 8159.75 and a low of 8008.10 in early trade.
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