INSUBCONTINENT EXCLUSIVE:
Share markets on Thursday: Twenty eight out of 30 Sensex stocks started the session in the red.Domestic stock markets started Thursday's
session on a negative note, with the BSE benchmark Sensex cracking over 800 points as rupee hit another low amid weak global cues and fears
of widening current account deficit (CAD)
erosion in investors' risk-taking appetite, analysts said.Here are 10 things to know about Thursday's trading:1
Twenty eight out of 30 Sensex stocks started the session in the red
Prominent losers in the 30-share Sensex pack were Maruti (-1.70%), ICICI Bank (-1.83%), Reliance (-1.84%), Asian Paints (-1.97%), Mahindra
Mahindra (-2.05%) and Yes Bank (-2.91%).2
Reliance (-4.91%), Eicher Motors (-4.89%), Tech Mahindra (-3.05%), TCS (-2.95%) and Asian Paints (-2.77%) were the main laggards on Nifty
Analysts expect the central bank to hike the repo rate by 0.25 per cent.5
The central bank has said it would pump Rs
The NCLT or National Company Law Tribunal has allowed a government-nominated team to take charge of crisis-hit ILFS (Infrastructure Leasing
trade deficit and its impact on rupee as well as ways to boost exports.8
Foreign portfolio investors (FPIs) bought shares worth a net of Rs 1,550 crore, while domestic institutional investors (DIIs) made purchases
to the tune of Rs 1,402 crore on Wednesday.9
Asian stocks were pressured as borrowing costs rose at home.10
Oil prices have reached four-year peaks
Brent eased 18 cents to $86.11 a barrel on Thursday, while US crude fell 16 cents to $76.25.(With inputs from agencies)
