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Sensex ends flat, Nifty holds above 8,600 amid geopolitical tensions

Finance Ministry on Thursday exuded confidence that currency and stock markets will stabilise in the next few days and decisive action against terrorism will spur growth.

BT Online | September 30, 2016 | Updated 16:00 IST
Sensex opens on a stable note, Nifty tops 8,600; GAIL, Infosys top gainers
Photo: Reuters


  • 03:43 pm: Cipla, ITC, Coal India top losers
  • 03:40 pm: GAIL, Mahindra & Mahindra and ONGC top gainers
  • 03:36 pm: Sensex ends flat, Nifty holds above 8,600 amid geopolitical tensions; Reliance Communications surges 9% ahead of spectrum auction
  • 03:15 pm: The newly constituted six-member Monetary Policy Committee (MPC) headed by RBI Governor Urjit Patel will hold its first meeting on October 3 and 4 to decided on key interest rate.
  • 02:05 pm: Governor Urjit Patel will hold post-policy meet at 2:45 pm on October 4. (Source: ET Now)
  • 02:00 pm: Implementation process for GST on schedule so far, says Arun Jaitley
  • 01:30 pm: Shares of Alkem Laboratories slumped nearly 9 per cent after the company said it has received inspection report with 13 observations from the US health regulator after inspection of its manufacturing facility at Daman.
  • 12:20 pm: Naveen Kulkarni of PhillipCapital states that telecom companies may only spend Rs 40,000 crore on spectrum against government expectation of Rs 5.66 trillion. (Source: CNBC-TV18)
  • 10:40 am: Sintex industries shares surged over 7 per cent after the company said that its board approved demerger of custom moulding business and prefab business from the company.
  • 10:30 am: Nifty trades above 8,600; banks and midcaps outperform
  • 09:55 am: Home Minister Rajnath Singh to chair meeting to review internal security at 11 AM (Source: CNBC-TV18)
  • 09:46 am: Will look at 'buying on dip' strategy, but need to be selective, told Sandeep Tandon of Quant Broking to ET Now.
  • 09:40 am: Nilesh Shah of Envision Capital told ET Now that he believes India continues to be in bull market.
  • 09:25 am: Sensex slips 100 points, Nifty goes below 8,600
  • 09:20 am: Sensex opens on a stable note, Nifty tops 8,600; GAIL, Infosys top gainers
  • 08:55 am: "For the coming session, resistance would be seen at 8,640-8,688 levels. We would maintain our cautious stance on the market and would advise traders to stay light on positions," said Angel Broking.
  • Finance Ministry on Thursday exuded confidence that currency and stock markets will stabilise in the next few days and decisive action against terrorism will spur growth.
  • SGX Nifty: At 08:40 am, the SGX Nifty, Nifty futures listed on Singapore Stock Exchange, was trading 52 points lower at 8,592, indicating a gap-down opening for the domestic market.
  • Asian markets on Friday: Asian markets took cues from lower trend seen on Wall Street with Japan's Nikkei and Hong Kong's Hang Seng down over 250 points. China's Shanghai Composite was trading flat.
  • Wall Street on Thursday: Wall Street dropped weighed down by Apple as well as selling in Wells Fargo, Citigroup and other major banks as investors worried about the health of Deutsche Bank. Growing concerns over the stability of Germany's biggest bank have pushed its shares to record lows and its US-listed stock on Thursday tumbled 6.7 per cent.
  • Market on Thursday: Sensex plunged 465 points to end below 28,000, while the broader Nifty50 closed at 8,591 as tensions at border flared after India carried out 'surgical strikes' on terror launch pads across the Line of Control (LoC) in Jammu and Kashmir. The 30-share index settled the day at 27,827, down 465.28 points, while the broader Nifty50 ended the day at 8,591, down 153.90 points.

 

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