November 05, 2024 17:55 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Union Minister HD Kumaraswamy booked for threatening cop probing into mining case | Supreme Court upholds validity of Uttar Pradesh Madrasa Education Act | Not all private properties are community resources that govt can take over: Supreme Court | Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region
Indian stock market records sharp fall on Tuesday

Indian stock market records sharp fall on Tuesday

| | 15 Nov 2016, 04:40 pm
Mumbai, Nov 15 (IBNS): The Indian benchmark indices slumped at the close of business on Tuesday as selling pressure continued into the afternoon trade, with BSE Sensex down 514.19 points at 26304.63 and NSE Nifty down 187.85 points at 8108.45.

Some of the key gainers on Tuesday were SBI, TCS, Dr Reddy's Labs, Wipro and HUL while Tata Motors, Tata Steel, Asian Paints, Maruti and HDFC were among the losers.

Worries about capital outflows as US bond yields surged and the dollar strengthened was partly responsible for the downbeat sentiment, media reported.

Even after a week, despite the Central government's assurances and measures to combat the 'rush for cash' following the demonetisation of currency notes of rupees 500 and 1000, on the ground reports say that people are seen standing in long queues in front of banks and ATMs across the country.

 

 

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.