Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
In absolute terms, the year closed with the market capitalisation of all BSE-listed companies rising by Rs 45.5 lakh crore to Rs 152 lakh crore, or an increase of 42.8 per cent, compared to the closing value on December 30, 2016, says Pavan Burugula.
Rise in crude oil price and rally in global equities aided the sentiment
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
Traders said falling crude prices in the global market was a big boost for the economy as it lightens the country's import bill burden, eases inflation and current account deficit concerns.
The broader NSE Nifty slipped below the 10,500-mark by falling 103 points, or 0.97 per cent, at 10,482.20. It touched a high of 10,645.50 and a low of 10,464.05 during the day.
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
'Our clients need business. For business you need workers and so we decided to help'
Investors have kept their eyes on US-China trade talks and are optimistic about a positive outcome.
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
The 30-share Sensex ended down 90 points at 19,429 after hitting an intra-day low of 19,398 and the 50-share Nifty ended down 40 points at 5,881 after touching an intra-day low of 5,871.
The 30-share Sensex ended down by 59 points at 27,027 and the 50-share Nifty slipped 7 points at 8,087.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
Pharma shares extended losses after the government's ban on combination drugs.
ITC, Infosys, Wipro and HDFC Bank among the major losers.
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Financials ended mixed despite the status-quo on key rates by the RBI. SBI, ICICI Bank and Axis Bank ended up 0.4-2.5% each.
The Sensex ended lower on unfavourable cues.
Investors turned cautious ahead of the US Fed meet outcome later today and July F&O expiry.
Benchmark indices finished higher on hopes of economic reforms
Index heavyweights Reliance Industries, HDFC and Infosys were the top Sensex gainers.
Weak monsoon forecast rekindled fears of higher inflation.
In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
Investor sentiment got a boost following remarks from the Russian President Putin that allayed fears of an imminent military conflict in Ukraine
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
Broad-based buying aided sentiment and the market registers record turnover at Rs 6.86 lakh crore
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Sensex ended up 11 points at 25,561 and the 50-share Nifty gained 16 points to end at 7,640.
Caution prevailed across the bourses ahead of the Union Budget.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
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The 30-share Sensex closed down 115 points at 28,444 and the 50-share Nifty ended down 31 points at 8,524.
Sensex hit a record high of 27,225.85 and Nifty hit a record high of 8,141.90 in the intra-day trades today.
Famous and long believed to be trusted Indian brands have wilted against foreign brands, says Mohan Guruswamy.