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Closing Bell: Nifty ends underneath eleven,500 for 1st time considering that May 17, Sensex loses 174 pts

Stock market

Closing Bell: Nifty ends underneath eleven,500 for 1st time considering that May 17, Sensex loses 174 pts


Benchmark indices ended unstable consultation sharply decrease with the Nifty falling beneath eleven,500 at near for the first time because of May 17 this 12 months.

The BSE Sensex become down 173. Seventy-eight factors at 38,557.04, and the Nifty50 fell fifty-seven factors to 11,498.Ninety.

The market breadth favored bears as about three shares declined for each share rising at the BSE. Nifty Midcap, Auto, Metal, PSU Bank, and Realty indices slipped a percentage every.


Gainers & Losers amongst Sensex 30 shares

Jaiprakash Associates said C P Jain resigned as an Independent Director of the organization. Cupid Ltd has obtained the “Cupid Angel” Trade Mark from the United States Patent and Trademark Office. “It is thrilling information for Cupid as it would help us sell and market our Cupid Female Condoms inside the US,” stated Om Garg, CMD of Cupid.

Benchmark indices are trading in the red, with Nifty close to 11,500 stages and Sensex down extra than a hundred factors. Sensex is down 133. Eighty-four elements or 0.35 percent at 38596.98, and the Nifty is down 47.00 factors or 0.Forty-one percent at 11508.90. About 866 shares have superior, 1427 shares have declined, and 117 are unchanged.

Bank, Coal India, and Sun Pharma are the top gainers, while Bajaj Finance, Tata Motors, and Tata Steel are the biggest losers. On the sectoral, the front, all but Pvt financial institution stocks are trading inside the crimson. Nifty Realty is the biggest loser, down 1.71 percent.

Jaguar Land Rover Q1FY20 income

Tata Motors suggested an eleven. Six percent decline in JLR’s sales at 128,615 devices for the sector ended June 2019. Retail revenue for June fell nine. Six percent at forty-seven 060 units, as compared to June 2018.

Cupid Gains 5%

Cupid said its Cupid Angel Trade Mark had been registered with the USA Patent and Trademark Office. “It might assist us in promoting and marketing our Cupid lady condoms in the USA,” Om Garg, CMD, said in a BSE filing.

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Eula Boone

I have written professionally since 2010 and have been an investor since 2015. My finance blog, economydiva.com, is one of the most visited blogs in the world, with more than 3 million readers a month. I love sharing what I know about investing, saving, and managing money and providing practical tips on how to be a smart and savvy money manager.