The benchmark share indices ended over 1.6 per cent down on Monday, amid weak global cues, weighed down by selling in bank shares after an RBI panel proposed strict norms for loan restructuring. The Sensex slipped 281 points or 1.6 per cent to close at 16,877 and the 50-share Nifty plunged 87 points or 1.7 per cent to close at 5,118 levels.
Markets have opened marginally higher ignoring subdued global cues. The Sensex has advanced 51 points to 17,443 and the 50-share Nifty has opened higher by 14 points at 5,289 levels.
Markets have suddenly extended losses and is at the day's low. The Sensex has slipped 175 points at 17,346. Nifty is down 50 points at 5,267.
Benchmark share indices erased all the day's gains to end marginally lower on Monday as the measures announced by the government failed to meet market expectations.
"We in the satta bazaar trust Sonia Gandhi's manoeuvring skills. Now that it has become a major ego issue for the UPA, Mamata will be isolated. UPA may manage to get Mukherjee elected as President with the help of Mayawati and other smaller parties," said a bookie from Delhi
Key share indices ended over 1 per cent higher on Tuesday led by rate sensitive shares as the sluggish April IIP data re-inforced market expectations that the central bank could cut key policy rates and also lower the cash reserve ratio to boost growth.
The overall breadth was marginally positive as 1,447 stocks advanced while 1,260 stocks declined.
The General Anti-Avoidance Rule (GAAR) may have been deferred for a year but many foreign institutional investors (FIIs) do not want to take chances. They are shifting their trading positions to Singapore, where derivatives of India's key equity index, the Nifty, are listed.
The overall breadth was negative as 1,566 stocks declined while 1,083 stocks advanced.
The overall breadth was positive as 1,643 stocks advanced while 1,027 stocks declined.
The overall breadth was neutral as 1,362 stocks advanced while 1,331 stocks advanced.
The overall breadth was negative as 1,658 stocks declined while 1,048 stocks advanced.
The overall breadth was negative as 1,720 stocks are declined while 1,054 stocks advanced
Tata Motors, Maruti Suzuki and Hero MotoCorp among the top Sensex gainers
The overall breadth was positive as 1,712 stocks advanced while 1,100 stocks declined.
The overall breadth was negative as 1,539 stocks declined while 1,232 stocks advanced.
The overall breadth was neutral as 1,446 stocks advanced while 1,344 stocks declined.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances