The brand image, however, may not tarish further as it will have already taken the beating due to consistent injury
The NSE Nifty ended at 3,039, down 39 points. The market breadth was marginally positive - out of 2,616 stocks traded, 1,275 advanced, 1,258 declined and the rest were unchanged on Monday.
The company had assets in countries like Yemen, Peru, Oman, Myanmar, Columbia, East Timor, Kurdistan and Australia, but it exited almost all these blocks later as part of its portfolio rationalisation
A fresh round of buying in FMCG scrips - Hindustan Unilever (HUL) and ITC - helped the index recover some loss and eventually end with a loss of 67 points at 18,048. The NSE Nifty slipped 26 points to close at 5,277 on Monday.
The NSE Nifty ended at 3,065, down 170 points. The market breadth was fairly negative - out of 2,588 stocks traded, 1,733 declined, 778 advanced and the rest were unchanged on Wednesday.
The Sensex opened with a negative gap of 156 points at 12,900 on the back of negative cues from the global market. The index tried to recover but could only manage to touch a high of 13,001.
Being one of the early commentators to flag economic slowdown and caution investors on corporate earnings, Gautam Chhaochharia, head of India research, UBS Securities, in an interview with Hamsini Karthik says the markets remain in an expensive zone despite the recent correction.
OIL announced its financical plan outlay for the next two years.
Reliance Infrastructure has gained nearly 2% at Rs 845. ACC, Larsen & Toubro and Mahindra & Mahindra are up around 1.5% each at Rs 602, Rs 2,539 and Rs 545, respectively.
Mutual funds pared exposure to auto, cement, metal, FMCG, telecom, sugar, and power stocks in January.
Among Sensex constituents, HCL Tech suffered the most by diving 2.26 per cent, followed by HDFC shedding 2.10 per cent.
Sensex opened with a negative gap of 325 points at 14,452. The index barely managed to touch a high of 14,484, and then started slipping deeper into red.
The NSE Nifty ended at 2946, up 139 points. The market breadth was fairly positive - out of 2,642 stocks traded, 1,629 advanced, 899 declined and the rest were unchanged on Monday.
Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
Sensex slumped 518 points to end the day at 25,582 and the Nifty slipped 164 points to close at 7,623.
The rally in most of these stocks is partly attributed to impressive financial performance.
BSE Midcap and BSE Smallcap indices registered an uptick of 0.06%, and 0.05%, respectively
The index touched a day's low of 15,709 in morning trades, it recovered partially and touched a day's high of 15,985 due to buying in oil & gas sector. The market breadth was negative - out of 2,722 stocks traded, 1,817 declined, 847 advanced and 58 were unchanged on Tuesday. The NSE Nifty settled with a loss of 24 points at 4,716.
The index touched a day's high of 17,293 in noon deals. The Sensex finally ended with a gain of 13 points at 17,243. The market breadth was positive - out of 2,795 stocks traded, 1,710 advanced, 1,009 declined and 76 were unchanged on Wednesday. The NSE Nifty settled with a gain of 13 points at 5,118 points.
Reflecting the bearish mood, all sectoral indices, led by metal, teck and healthcare, ended in the negative zone.
NSE Nifty is trading at 4,462, up 106 points.
At the BSE, 1,552 stocks advanced, while 1,419 declined and 118 remained unchanged.