ECONOMY ANALYSIS
Sensex crashes 855 pts; Nifty cracks 251 pts; ONGC bleeds
Speciality centres 'way of the future': Apollo on Nova deal
Good level to enter India-centric bluechip cos: Dipan Mehta
Gold prices firm above $1,200 on safe-haven bids
Eveready hikes battery prices; to grow 10-15% in FY15: ED
CLSA bullish investment cycle; lists 9 favourites for 2015
MARKET ANALYSIS
Shares slumped more than 3 per cent on Tuesday, posting their biggest daily
loss since the rupee crisis in 2013 as a continued slide in oil prices hit
emerging markets, sending blue-chips such as State Bank of IndiaBSE -4.05
% sharply lower.
The BSE index declined 3.07 per cent and the broader NSE index 3 per
cent, their biggest daily per centage fall since Sept. 3, 2013, when the rupee
was still reeling from its worst market turmoil since the 1991 balance of
payment crisis.
Blue-chips led losses as global shares sank on the back of a continued slide
in oil prices that is raising concerns about the health of the global economy.
ICICI BankBSE -4.20 % lost 4.2 per cent, State Bank of India fell 4.1 per
cent while InfosysBSE -1.99 % fell 2.1 per cent.
Oil explorers declined, tracking the fall in US crude oil prices. Reliance
IndustriesBSE -4.67 % fell 4.5 per cent, while Oil and Natural GasBSE -
5.89 % Corp slumped 5.7 per cent.
Sensex crashes 855 pts; Nifty cracks 251 pts; ONGC bleeds
Speciality centres 'way of the future': Apollo on Nova deal
Good level to enter India-centric bluechip cos: Dipan Mehta
Gold prices firm above $1,200 on safe-haven bids
Eveready hikes battery prices; to grow 10-15% in FY15: ED
CLSA bullish investment cycle; lists 9 favourites for 2015
MARKET ANALYSIS
Shares slumped more than 3 per cent on Tuesday, posting their biggest daily
loss since the rupee crisis in 2013 as a continued slide in oil prices hit
emerging markets, sending blue-chips such as State Bank of IndiaBSE -4.05
% sharply lower.
The BSE index declined 3.07 per cent and the broader NSE index 3 per
cent, their biggest daily per centage fall since Sept. 3, 2013, when the rupee
was still reeling from its worst market turmoil since the 1991 balance of
payment crisis.
Blue-chips led losses as global shares sank on the back of a continued slide
in oil prices that is raising concerns about the health of the global economy.
ICICI BankBSE -4.20 % lost 4.2 per cent, State Bank of India fell 4.1 per
cent while InfosysBSE -1.99 % fell 2.1 per cent.
Oil explorers declined, tracking the fall in US crude oil prices. Reliance
IndustriesBSE -4.67 % fell 4.5 per cent, while Oil and Natural GasBSE -
5.89 % Corp slumped 5.7 per cent.
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