Sensex Today: Sensex closes 418 pts lower; Nifty at 10,862; banks, consumer durables lead loses
BusinessToday.In | August 05,2019 15:45 IST
Sensex Today: Benchmark indices Sensex and Nifty reocovered some lost ground in afternoon trade amid lower Asian markets hit by US-China trade war. Sensex closed 418 points lower at 36,699, Nifty lost 134 points to 10,862. Earlier, Sensex lost over 675 points to 36,443 and Nifty fell 209 poinst to 10,788. YES Bank, Tata Motors and PowerGrid were the top Sensex losers.
KEY UPDATES
- 10:24 IST
- 10:13 IST
- 10:09 IST
- 09:31 IST
Sensex Today: Banking and consumer durables stocks led the losses with their BSE indices falling 847 points and 454 points, respectively.Capital goods stocks also fell 454 points with their index reaching 16,819 level.Meanwhile, Coffee Day Enterprises share has been losing for the last 9 days and has fallen 55% in the period. It hit the lower circuit of 9.96% to trade at 89.95 level today.
- Aug 05, 2019 15:40 (IST)
Market closing
Sensex closes 418 points lower at 36,699, Nifty loses 134 points to end at 10,862
- Aug 05, 2019 15:24 (IST)
Sensex further pares losses
Sensex pares losses amid reports that finance minister Nirmala Sitharaman has said the economic affairs secretary will directly meet FPIs soon. Now, Sensex trading 393 points lower at 36,725.
- Aug 05, 2019 15:05 (IST)
Sensex gainers
Bharti Airtel, TCS, and Tech Mahindra are the top Sensex gainers.
- Aug 05, 2019 14:41 (IST)
Dewan Housing stock falls
DHFL share price trading 10.18% lower at Rs 41.90 amid reports that Deloitte has quit as the auditor of the cash-strapped firm.
- Aug 05, 2019 13:20 (IST)
Cox and Kings share price stuck at lower circuit
Cox and Kings share price trading 4.91% lower at 9.88 level after the firm has defaulted on payment of Rs 100 crore worth unsecured commercial paper due on August 1, 2019. - Aug 05, 2019 13:18 (IST)
Bank Nifty falls
Bank Nifty trading 431 points lower at 27,769
- Aug 05, 2019 13:15 (IST)
RBI holds three-day monetary policy meeting
The Reserve Bank will hold its three-day monetary policy meeting in Mumbai, beginning Monday (August 5).
It is widely expected to cut the benchmark interest rate for the fourth time in a row to boost the economy at time when key indicators are pointing towards a slowdown, experts said. - Aug 05, 2019 13:08 (IST)
Expert take
"FPIs withdrew more than they invested as the US-China trade war has started brewing again which is not helping investors' sentiments," said Harsh Jain, COO at Groww.
- Aug 05, 2019 13:01 (IST)
Stocks hit new highs/lows
Only 9 stocks hit 52-week high compared to 558 falling to 52 week lows on BSE.
- Aug 05, 2019 12:54 (IST)
Sensex losers
YES Bank (5.55%), PowerGrid (4.47%) and Tata Motors (4.44%) are the top Sensex losers.
- Aug 05, 2019 12:44 (IST)
Market update
Sensex trading 400 points lower at 36,711, Nifty down 113 points to 10,882.
- Aug 05, 2019 11:04 (IST)
Sensex components in negative
Of 30 Sensex stocks, 25 are trading in the red.
- Aug 05, 2019 11:03 (IST)
Top Sensex gainers
TCS, Infosys, Bajaj Auto, Bharti Airtel and HDFC were top Sensex gainers in trade today.
- Aug 05, 2019 11:00 (IST)
Sensex, Nifty movt
While Sensex was trading 658 points lower at 36,459, Nifty was down 199 points to 10,798.
- Aug 05, 2019 11:00 (IST)
Top losers on BSE
Top losers on BSE were IndiaBulls Real Estate (15.71%), Equitas (13.01%), DHFL (10.40%), and Coffee Day Enterprises (10.40%).
- Aug 05, 2019 10:24 (IST)
Coffee Day Enterprises stock continues losing streak
Coffee Day Enterprises share has been losing for the last 9 days and has fallen 55% in the period. It hit the lower circuit of 9.96% to trade at 89.95 level today.
- Aug 05, 2019 10:13 (IST)
FPI/DII activity on Friday
On a net basis, foreign portfolio investors (FPIs) sold shares worth a net of Rs 2888.06 crore on Friday , and domestic institutional investors (DIIs) were net buyers to the tune of Rs 2812.66 crore, provisional data available with BSE showed. - Aug 05, 2019 10:11 (IST)
Capital goods stocks take a hit
Capital goods stocks also fell 454 points with their index reaching 16,819 level.
- Aug 05, 2019 10:11 (IST)
Banking, consumer durables lead losses
Banking and consumer durables stocks led the losses with their BSE indices falling 847 points and 454 points, respectively.
- Aug 05, 2019 10:10 (IST)
Market breadth turns negative
Market breadth was negative with 295 stocks trading higher compared to 1380 falling on BSE.
- Aug 05, 2019 10:10 (IST)
Action in mid caps and small caps
Mid cap and small cap indices were trading 212 points and 253 points lower in early trade.
- Aug 05, 2019 10:09 (IST)
Rupee opens lower
Rupee opens lower by 55 paise at 70.14 level compared to Friday's close of 69.59 to the US dollar.
- Aug 05, 2019 10:00 (IST)
Friday trade
On Friday, Sensex ended the day's trade at 37,118, with a rise of 99 points and Nifty 50 has closed 55 points up at 10,997 mark.
- Aug 05, 2019 09:59 (IST)
Asian markets crash
Japan’s Nikkei stumbled almost 2% to the lowest since early June, while Australian shares slipped about 1% to spend their fourth straight session in the red. South Korea’s Kospi tumbled 1.2% to hit the lowest since December 2016.
- Aug 05, 2019 09:58 (IST)
US to impose additional tariffs on Chinese imports
US President Donald Trump abruptly decided on Thursday to slap 10% tariffs on $300 billion in Chinese imports, stunning markets and ending a month-long trade truce. China vowed on Friday to fight back.
In response, China’s yuan weakened beyond the key 7-per-dollar threshold in a move that threatens to lead to massive capital outflows.
- Aug 05, 2019 09:57 (IST)
Yuan falls below 7 to US dollar
China’s yuan fell below the politically sensitive level of seven to the US dollar on Monday, possibly adding to trade tension with Washington.
The currency weakened to 7.0177 in early trading following President Donald Trump’s threat last week of tariff hikes on additional Chinese imports in a fight over Beijing’s trade surplus and technology policies. - Aug 05, 2019 09:35 (IST)
Sensex gainers
Top Sensex gainers were TCS (1.35%) and Infosys (1.29%). - Aug 05, 2019 09:33 (IST)
Sensex losers
Vedanta (5.31%), Tata Motors (3.79%) and SBI (3.49%) were the top Sensex losers.
- Aug 05, 2019 09:31 (IST)
26 stocks in the red on Sensex
Sensex fell 451 points to 36,666 with 26 components in the red, Nifty lost 141 points to 10,855
- Aug 05, 2019 09:31 (IST)
Sensex, Nifty open lower
Benchmark indices Sensex and Nifty started on a negative note today amid lower Asian markets hit by US-China trade war.