December 29, 2024 10:29 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
India mourns as nation bids farewell to Manmohan Singh with full state honours | Narendra Modi-led Union Cabinet passes 'Condolence Resolution' on passing of ex-PM Manmohan Singh | Space will be allocated for Manmohan Singh's memorial, announces Centre | He was my friend, philosopher, and guide: Sonia Gandhi remembers Manmohan Singh in an emotional post | Vladimir Putin condoles Manmohan Singh's death, calls him 'outstanding statesman' | Congress writes to PM Modi seeking space for building a memorial to Manmohan Singh | Manmohan Singh will be remembered as a kind person, a learned economist, and a leader dedicated to reforms: PM Modi | Russian ambassador to India Denis Alipov grieves Manmohan Singh's demise | Mumbai terror attack shook Manmohan Singh badly, recalls former deputy NSA | I have lost a mentor and guide: Rahul Gandhi writes on Manmohan Singh's demise

Indian stock market records sharp fall on Tuesday

| | Nov 15, 2016, at 10:10 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.