Sensex and Nifty falls marginally ahead of RBI interest rate outcome

Дек 08, 2017, 01:38
Sensex and Nifty falls marginally ahead of RBI interest rate outcome

The domestic unit opened lower at 64.44 per dollar against Tuesday's closing level of 64.38 per dollar at the interbank forex market. The benchmark BSE Sensex fell further by 100 points in early trade today due to selling in interest-sensitive stocks ahead of RBI's policy announcment later in the day.

Overseas, European shares were trading higher as tech stocks rebounded.

The Nifty soared 122.60 points, or 1.22 per cent, on Thursday to close at 10,166.70 after shuttling between 10,182.65 and 10,061.90. Most Asian shares declined as U.S. policy uncertainty kept sentiment in check.

It saw an intra-day movement of 120.75 points. Auto and bank stocks were also instrumental in pushing the numbers up.

Weak Asian cues as technology stocks tracked a sell-off in their USA counterparts that saw the Nasdaq tumbling over 1 per cent overnight, weighed on the sentiments, brokers said.

However, Sun Pharma, Wipro, Cipla, TCS and Coal India finished with losses.

The market breadth, indicating its overall health, was in favour of gainers.

Stocks of state-run oil marketing companies such as HPCL, BPCL and International Olympic Committee recorded gains of up to 1.83 per cent after global crude prices dropped by almost three per cent to trade below $63 a barrel.

Total securities that hit their price bands were 196.

Meanwhile, shares of the D-Mart parent Avenue Supermarts climbed 1.94 per cent after 20 lakh shares traded in a block deal. The market capitalisation of listed firms on the NSE stood at Rs 1,43,06,806.25 crore.

YOU MIGHT ALSO LIKE
  • Flu vaccine may be only 10 percent effective this year, experts say

    Flu vaccine may be only 10 percent effective this year, experts say

    He says the flu shot is created to cover multiple strains, so if a different strain hits Central Texas you will still be covered. The flu strain is deadly and unsafe and in Australia it brought the four deadly flu seasons from the last 10 years.
    Moeen Ali to lead England XI in warm-up against Australia XI

    Moeen Ali to lead England XI in warm-up against Australia XI

    Reflecting on the result, Root was asked if he would change his decision and the 26-year-old replied: "It's easy to say that now. You've seen us in control for periods of the game, whereas I don't think that was the case last time around".
    Michael Flynn Vowed to End Russia Sanctions, According to Whistleblower

    Michael Flynn Vowed to End Russia Sanctions, According to Whistleblower

    Cummings has been critical of his Republican colleague Gowdy's leadership in their investigation of Flynn. An attorney for Flynn did not respond to a request for comment from CNBC.
  • Sanders: Trump Jr. citing lawyer-client privilege legitimate

    Sanders: Trump Jr. citing lawyer-client privilege legitimate

    Schiff told reporters that he wants Trump Jr.to answer questions about his conversations with his father and their public response to the meeting .
    Back Up, Curse Of Osiris Released]

    Back Up, Curse Of Osiris Released]

    The studio has not yet released full patch notes for update 1.1.0; we'll amend this article with details once they're available. An update has been pushed to Destiny 2 on the Xbox One X that enhances the game's visuals on the new console.
    Disney buying Fox is becoming more and more likely

    Disney buying Fox is becoming more and more likely

    It has underperformed by 19.60% the S&P500.The move comes after 8 months positive chart setup for the $61.79B company. National Bank & Trust Of Montreal Can owns 122,127 shares. 117,247 were accumulated by Comml Bank Of Ny Mellon.
  • Philadelphia Sixers Agree To Trade Jahlil Okafor

    Philadelphia Sixers Agree To Trade Jahlil Okafor

    The two-year deal he signed with Brooklyn in 2016 for just over $18 million is up at the end of the 2017-18 campaign. Nik Stauskas has not fared much better this season averaging 0.7 points in 7.5 minutes a night across six games.
    Skirball Fire burns 150 acres near Getty Museum

    Skirball Fire burns 150 acres near Getty Museum

    The wind and the fires are expected to continue whipping up at least until the end of the day on Thursday, said Umansky. Wind speeds could increase in the coming days, reaching as much as 60 miles per hour through Thursday, officials said.
    Skirball Fire: Everything You Need To Know About Evacuations, Burn Maps & More

    Skirball Fire: Everything You Need To Know About Evacuations, Burn Maps & More

    Seventeen evacuation centers were opened throughout the San Fernando Valley, all of which were accepting evacuees and pets. The wind and the fires are expected to continue whipping up at least until the end of the day on Thursday, said Umansky.
  • 'Westworld' production shut down because of wildfires

    'Westworld' production shut down because of wildfires

    Hopefully, the fires can be contained and filming will be able to resume in the near future. The freeways have already been closed and there have been traffic jams on the main roads.
    Atlanta mayor's race comes down to close call

    Atlanta mayor's race comes down to close call

    A win for Bottoms would continue a run for African-American mayors that began with Maynard Jackson in the mid-1970s. Bottoms is too close to Reed and would be like an extension of the current administration, he said.
    United Nations  faces uphill course to broker North Korea talks

    United Nations faces uphill course to broker North Korea talks

    The visit by Feltman follows the dispatch last month by China of its highest-level envoy to North Korea in two years. He is expected to meet with officials including Foreign Minister Ri Yong Ho.
popular