Market Live: Sensex extends losses amid trade war woes; IOC, HPCL, BPCL dip 3%. Asian markets are under pressure after Trump threatened new tariffs.
Asian markets are under pressure after Trump threatened new tariffs.
Market Update: The market extended losses in morning with the Nifty breaking 10,750 levels following weakness in Asian counterparts after the US President Donald Trump threatened more tariffs on Chinese products.
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The Sensex shed 164.03 points to 35,384.23 and the Nifty slipped 56.70 points to 10,743.20 while the Nifty Midcap index declined half a percent.
About two shares declined for every share rising on the BSE.
About two shares declined for every share rising on the BSE.
The market extended previous day's losses with the Nifty struggling below 10,800 levels as Asian counterparts are under pressure after US President Donald Trump threatened more tariffs on Chinese products. China's Shanghai Composite dropped 3 percent while Hang Seng shed 2 percent and Japan's Nikkei slipped 1 percent.
The Sensex slipped 124.80 points to 35,423.46 and the Nifty shed 46.50 points to 10,753.40.
Oil retailers HPCL, BPCL and IOC are biggest losers among Nifty50 stocks, down 3 percent each.
Market Opening: Benchmark indices started off the day on a negative note Tuesday following weakness in the Asian peers on escalated trade war tensions.
The Sensex fell 90.36 points to 35,457.90 and the Nifty declined 30.80 points to 10,769.10.
State Bank of India, HPCL, BPCL, ICICI Bank, UPL, Reliance Industries and Tata Steel are under pressure.
Dr. Reddy's Labs, Bharti Airtel, ONGC and HDFC Bank are gainers.
The Nifty Midcap index fell 85 points and Nifty Bank slipped 56 points.
UCO Bank, Dena Bank and Bank of Maharashtra gained 1-3 percent.
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The Sensex slipped 124.80 points to 35,423.46 and the Nifty shed 46.50 points to 10,753.40.
Oil retailers HPCL, BPCL and IOC are biggest losers among Nifty50 stocks, down 3 percent each.
Market Opening: Benchmark indices started off the day on a negative note Tuesday following weakness in the Asian peers on escalated trade war tensions.
The Sensex fell 90.36 points to 35,457.90 and the Nifty declined 30.80 points to 10,769.10.
State Bank of India, HPCL, BPCL, ICICI Bank, UPL, Reliance Industries and Tata Steel are under pressure.
Dr. Reddy's Labs, Bharti Airtel, ONGC and HDFC Bank are gainers.
The Nifty Midcap index fell 85 points and Nifty Bank slipped 56 points.
UCO Bank, Dena Bank and Bank of Maharashtra gained 1-3 percent.
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Strides Shasun, Liberty Shoes, Nestle India, Gati, Hexaware Technologies, Glenmark Pharma, Tejas Networks and Mphasis gained 1-4 percent.
Balrampur Chini, PC Jeweller, CG Power, Jaiprakash Associates and GMR Infrastructure fell 1-2 percent.
Balrampur Chini, PC Jeweller, CG Power, Jaiprakash Associates and GMR Infrastructure fell 1-2 percent.
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