NSE Nifty falls below 10,000 mark on Tuesday, market closes lower too
BSE Sensex was down 259.48 points at 32014.19 while NSE Nifty was down 78.85 points at 9978.55.
According to media reports, weak global cues and profit booking after the Securities and Exchange Board of India (SEBI) released names of 331 suspected shell companies (as identified by corporate affairs ministry) had negative effect on the market.
Key names in the SEBI list included Gallantt Ispat, J Kumar Infra, Pincon Spirit, Parsvnath Developers, Prakash Industries, Rohit Ferro, REI Agro and Assam Company, etc.
Top gainers on Tuesday included Tata Steel, Vedanta, Hindalco, Cipla, Bajaj Auto, Bharti Airtel, GAIL and HUL while Dr Reddy's Labs, BPCL, BHEL, Bharti Infratel, Coal India, SBI and ITC declined.
Image: Wikimedia Commons
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
