Wednesday 4 April 2018

Closing Bell: Sensex falls 352 pts, Nifty Bank loses 381 pts on US-China trade war woes

Closing Bell: Sensex falls 352 pts, Nifty Bank loses 381 pts on US-China trade war woes. Tata Motors retained top position on the buying list of Nifty50 stocks, rising nearly 6 percent after good JLR show in the US in March.

Closing Bell: Sensex falls 352 pts, Nifty Bank loses 381 pts on US-China trade war woes.

Tata Motors retained top position in the buying list of Nifty50 stocks, rising nearly 6 percent after good JLR show in the US in March.

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Market Closing: Benchmark indices closed sharply lower after gains seen in previous two consecutive sessions, weighed by US-China trade war concerns.

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 The 30-share BSE Sensex was down 351.56 points or 1.05 percent at 33,019.07 and the 50-share NSE Nifty fell 116.60 points or 1.14 percent to 10,128.40.

About 1,427 shares declined against 1,183 advancing shares on the BSE.

Godawari Power & Ispat inform exchanges that it has received approval of competent authority for private railway siding served by Mandhar Station of Raipur Division for inward traffic of coal, iron ore & manganese and outward traffic of pellet, which has become operational w.e.f. 31st March, 2018.

Earlier, the company used to transport its raw materials through the railway siding facility of Raipur Infrastructure Company (RICL), a joint venture company, at Mandhar, Raipur.

The lease period of the said railway siding of RICL has expired on March 31, 2018 and the same has not been renewed.

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There will not be any interruption in the movement of the raw materials due to above developments, the company said.

Leading contributors to Nifty's fall: HDFC Bank, L&T, HDFC, IOC, Titan Company, Vedanta, Infosys, Bajaj Finserv, Kotak Mahindra Bank, Grasim, UPL, Yes Bank and SBI were down up to 4 percent.


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