associate sponsors


Sensex does a somersault, takes an 184-point hit

Mumbai: The benchmark Sensex threw away all its early gains and fell 184 points after selling pressure
accelerated in key energy, metal, oil and gas sectors amid lower Asian cues.



Caution prevailed ahead of the beginning of the second part of Parliament's Budget session today as concerns over passage of proposed Bills persisted and focus shifted to key Goods and Services Tax Bill, which is considered as the country's biggest indirect tax reform since Independence. The Sensex got off to a higher start at 25,891.03 before quoting at 25,653.85 at 1145 hours, a loss of 184.29 points, or 0.71 per cent, from its previous close.

The NSE 50-share Nifty dropped 56.40 points, or 0.71 per cent, to trade at 7,842.90 at 1145 hours.

NTPC, Reliance, Tata Steel, BHEL, Axis Bank and Maruti fell between 3.46 per cent and 1.65 per cent.

Foreign portfolio investors (FPIs) bought shares worth a net Rs 191.07 crore last Friday, provisional data from the stock exchanges showed.

Overseas, Asian markets were trading lower as investors awaited central bank meetings in the United States and Japan this week. US stocks had finished mixed during the previous trading last Friday.

Updated Date: Apr 25, 2016 12:06 PM

Also Watch

Firstpost in Russia: Moscow to St. Petersburg, on a free World Cup train
  • Monday, July 2, 2018 Social Media Star: Richa Chadha, Kunal Kamra talk about their political views, and why they speak their mind
  • Tuesday, June 26, 2018 It's A Wrap: Swara Bhasker talks about Veere Di Wedding and Twitter trolls, in conversation with Parul Sharma
  • Tuesday, June 19, 2018 Rahul Gandhi turns 48: Congress chief, who once said 'power is poison', should focus on party rather than on 'hate Modi' mission
  • Monday, June 4, 2018 It's A Wrap: Bhavesh Joshi Superhero makers Anurag Kashyap, Vikramaditya Motwane in conversation with Parul Sharma

Also See