INSUBCONTINENT EXCLUSIVE:
Financial, metal and consumer goods stocks were the most hit
Domestic stock markets gave up early
gains on Tuesday amid a selloff across sectors barring information technology stocks, despite gains in Asian peers
The S-P BSE Sensex index first rose as much as 109.06 points to 37,511.55, before shedding 201.17 points from that level to enter the
The broader NSE Nifty benchmark gave up as much as 63 points from its intraday high of 11,076.30, to touch 11,013.30 at the end of the first
Here are 10 things to know:At 10:15 am, the Sensex traded 132.81 points - or 0.36 per cent - lower at 37,269.68, while the
Nifty was down 49.35 points - or 0.45 per cent - at 11,004.55
Financial, metal and consumer goods stocks were the most hit, whereas IT stocks bucked the trend.Top percentage laggards on the 50-scrip
index at the time were Yes Bank, Indiabulls Housing Finance, IndusInd Bank, Britannia, Bajaj Finance, ICICI Bank, UltraTech Cement and ITC,
0.77 per cent and 2.36 per cent - were the top gainers.Market breadth favoured declines, with 623 stocks enjoying gains on the BSE and 1,041
On the NSE, 514 stocks advanced while 1,093 declined.ICICI Bank, ITC and Reliance Industries were the top drags on the Sensex.Analysts say
News of financial irregularities in CG Power and Industrial Solutions has triggered fresh concerns among investors
3.17 per cent in early deals, a day after the telecom company said Balesh Sharma stepped down as chief executive officer due to personal
The improved mood was helped by a rally on Wall Street overnight, with the S-P 500 gaining 1.21 per cent.The Sensex and Nifty had ended 0.14
per cent and 0.06 per cent higher respectively on Monday, extending recent gains to a third straight day.(With inputs from Reuters)Get
Breaking news, live coverage, and Latest News from India and around the world on TheIndianSubcontinent.com
Catch all the Live TV action on TheIndianSubcontinent 24x7 and TheIndianSubcontinent India
Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.
