Classifieds | Archives | Jobs | About TGT | Contact | Subscribe
 | 
Last updated 59 minutes ago
Printer Friendly Version | TGT@Twitter | RSS Feed |
HOME LOCAL MIDEAST ASIA WORLD BUSINESS SPORT OPINION WRITERS
Weak rupee depresses equity indices; Nifty below 11,500
September 06, 2018
 Print    Send to Friend

Mumbai: Broadly negative global cues coupled with a weak rupee depressed the Indian equity indices on Wednesday, with the NSE Nifty50 closing below the psychological level of 11,500 points.

According to market observers, heavy selling pressure was witnessed in consumer durables, capital goods and FMCG stocks. At 3.30 pm, the Nifty50 on the National Stock Exchange (NSE) provisionally closed at 11,476.95 points, lower 43.35 points or 0.38 per cent from its previous close of 11,520.30 points.

The benchmark S&P BSE Sensex, which had opened at 38,192.95 points, provisionally closed at 38,018.31 points, lower 139.61 points or 0.37 per cent from the previous close of 38,157.92 points.

Indo-Asian News Service

Add this page to your favorite Social Bookmarking websites
Comments
 
Post a comment
 
Name:
Country:
City:
Email:
Comment:
 
    
    
Related Stories
Provident and pension fund trusts fear big losses
New Delhi: Provident and pension fund trusts, which have invested in the IL&FS bonds, are fearing big losses as the debt-ridden company’s bonds are unsecured debt as the ..
'India committed to provide affordable power to citizens'
New Delhi: India is committed to provide power to all citizens at affordable cost as well as boost the national economy through an industrial revolution, President Ram Na..
Kerala signs up for Rs10b mega data park
TRIVANDRUM: A Rs10 billion mega data park is coming up in the central Kerala town of Cherthala. Hyperscale data platform RackBank Datacenters has inked a deal with the st..
Sugar production in India up by 7.73 per cent
New Delhi: Sugar production in the country has increased by 7.73 per cent year-on-year to 21.93 million tonne till Feb.15 but overall output at the end of the season woul..
Himachal Pradesh’s loan liability at Rs49,745 crore
Shimla: Himachal Pradesh’s loan liability stood at Rs49,745 crore, Chief Minister Jai Ram Thakur said on Wednesday. In this fiscal, the state had borrowed Rs1,838.75 c..
FRONTPAGE
 
GALLERY
 
PANORAMA
 
TIME OUT
 
SPORT
 
 
Advertise | Copyright