Sensex dips by 365 points ; RIL down 4 per cent
This is the second consecutive day of the slump in the benchmark Sensex. The index had lost 866.65 points or 1.56 per cent on Friday, the previous trading session.
This is the second consecutive day of the slump in the benchmark Sensex. The index had lost 866.65 points or 1.56 per cent on Friday, the previous trading session.
Earlier, the Nifty opened deep in the red at 16,924.45 points and slumped to a low of 16,917.25 points in the morning trade. The Nifty rose to a high of 17,092.25 points in the intra-day.
Even though the indices are in the green, analysts expect volatility to continue in Dalal Street.
On Monday, Sensex settled at 56,580 points, down 1.1 per cent, whereas Nifty was at 16,985 points, down 1.1 per cent.
At 9:30 am, the BSE Sensex was up by 358.67 points or 0.63 per cent at 57,396.17.
These stocks rose 78 per cent, 93 per cent, 86 per cent, and 60 per cent in the past one-month.
Sensex settled 708 points, or 1.2 per cent, up at 57,277, whereas Nifty was 206 points, or 1.2 per cent up, at 17,670.
The shares fell over 6 per cent to around Rs 2,150. However, it pared some of its losses later. At 2.16 p.m., it traded 2.8 per cent lower at Rs 2,231
A day after the announcement of Axis Bank taking over Citbank’s consumer business in India the scrip of Axis Bank rose…
"There is a SMS/message in circulation in social media, speculating about investment opportunity in our Company's Issue and about equity shares of our Company being available at discount to the market price ('message'). We wish to bring to attention of the investors that this message has not been issued by our Company or any of our Directors, Promoters, Promoter Group or Group Companies," Ruchi Soya said in a statement.
