December 16, 2024 21:01 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
GRAP 4 restrictions reimposed in Delhi as air quality dips to 'severe' category | 39 ministers included in Devendra Fadnavis-led Maharashtra cabinet | People who raise questions on EVMs should show how they can be hacked: TMC trashes Congress claims | Bangladesh likely to hold national polls in late 2025 or early 2026, says Yunus in Victory Day speech | Constitution stood test of time: Nirmala Sitharaman in Rajya Sabha | PM Museum requests Rahul Gandhi to return Pandit Nehru's historical letters | Indian tabla maestro Zakir Hussain dies at 73 in San Francisco, confirms family | Kolkata woman strangled, beheaded and chopped into pieces for refusing brother-in-law's advances | Arvind Kejriwal, CM Atishi to contest Delhi polls from current constituencies | Atul Subhash suicide case: Wife Nikita, her mother and brother arrested

Sensex down third day in a row in India

| | Jan 07, 2016, at 12:21 am
Mumbai, Jan 6 (IBNS) The Indian share market could not beat the gloom as its benchmark BSE Sensex ended 174 points lower at 25,406.33 on Wednesday due to weak global cues, after touching the day’s high of 25,632.57.

NSE benchmark NIFTY too was down 43.65 points.

The global market, which was already clouded by concerns regarding the Chinese economy and the diplomatic row between Iran and Saudi Arabia, turned jittery following North Korea's hydrogen bomb test.

The Indian companies worst hit were ITC and ICICI Bank. The other notable losers included Tata Motors, M&M, Maruti Suzuki, Adani Ports, Asian Paints, ONGC, Hero MotoCorp, Lupin, L&T, Sun Pharma, Axix Bank and HUL. Among the gainers, leading the pack was RIL followed by CIPLA. Other gainers included TCS, Coal India and HDFC Bank.

Although the monthly Purchasing Managers' Index (PMI) survey revealed that India’s services sector activity touched a 10-month high in December driven by a significant rise in new business orders, the news was not enough to cheer the market. 

 

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.