INSUBCONTINENT EXCLUSIVE:
The Nifty slid below the 11,500 mark for the first time sinceMay17
Domestic stock markets started
Tuesday's session on a weak note with the NSE giving up the 11,500 mark for the first time in over seven weeks, extending their losses to
The S-P BSE Sensex index fell as much as 253.83 points to 38,466.74 in early deals, and the NSE Nifty benchmark slid to 11,477.65, down
80.95 points from the previous close
Weakness in financials, consumer goods and information technology stocks dragged the markets lower however advances in energy shares limited
Analysts awaited the quarterly earnings by Tata Consultancy Services (TCS) due later in the day
Here are 10 things to know:At 9:36 am, the Sensex traded 58.05 points - or 0.15 per cent - lower at 38,662.52 while the Nifty
laggards on the 50-scrip Nifty index at the time were Titan, UPL, Asian Paints, HDFC, Tata Consultancy Services and Hindustan Unilever,
losers.HDFC, HDFC Bank and TCS weighed the most on Sensex.TCS shares fell as much as 1.94 per cent to hit an intraday low of Rs 2,133.20 on
the NSE, ahead of the earnings announcement by the company for the quarter ended June 30
The results are expected post-market hours.The Sensex and Nifty had on Monday registered their worst single-day fall of 2019 as investor
sentiment was spooked by the Budget proposals, ending 2.01 per cent and 2.14 per cent lower respectively.According to analysts, Budget
proposals such as higher tax incidence for high net worth individuals and foreign institutional investors, and the hike in minimum public
investors came to terms with sharply reduced expectations the Federal Reserve will deliver a large interest rate cut at the end of
broadest index of Asia-Pacific shares outside Japan edged up 0.1 per cent in early trade, after falling 0.6 per cent the previous day
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