ECONOMY ANALYSIS
Sensex ends day 109 pts down; Nifty ends below 8,000
BHEL top loser, down 3%
Godrej Consumer gains over 5% on RBI move
Gold pressured as US rate hike expectations drag
Government to infuse Rs 947 crore in Canara Bank
Govt to allot 62 offshore mineral blocks for mining
Sensex ends day 109 pts down; Nifty ends below 8,000
BHEL top loser, down 3% Godrej Consumer gains over 5% on RBI move
Gold pressured as US rate hike expectations drag
Government to infuse Rs 947 crore in Canara Bank
Govt to allot 62 offshore mineral blocks for mining
MARKET ANALYSIS
The S&P BSE Sensex ended day 109.29 points, or 0.41 per cent, down at 26,283.09.
The benchmark NSE Nifty index closed 30.65 points, or 0.38 per cent, down at 7,971.3.
A total of 20 Sensex stocks ended the day on a negative note. BHEL was the top Sensex loser, down 3 per cent.
The S&P BSE Healthcare index was the top sectoral gainer among the BSE indices.
The BSE Midcap index fell 0.23 per cent. The BSE Smallcap index was down 0.20 per cent for the day.
European shares, that had opened weak early in the day, continued their slump as many major indices saw cuts in the range of 1-1.5 per cent intraday. The German DAX fell over a per cent followed by CAC 40 and Euro Stoxx index. London's FTSE 100 index bucked the weak trend and was trading with gains of about a per cent in intraday trade.
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