Stock Market ends in the red; rupee touches a record low
The Indian Stock Market ended lower on Friday amid weakness in select sectors while the Indian rupee also touched a record low, weighing on market sentiment.
The Indian Stock Market ended lower on Friday amid weakness in select sectors while the Indian rupee also touched a record low, weighing on market sentiment.
The bloodbath on Dalal Street on Tuesday continued with the benchmark indices, the BSE Sensex and the Nifty 50, declined for the fourth consecutive session amid mixed global cues.
Indian stock market declined on Friday amid rising crude oil prices and weak global market trends.
Indian Stock Market on Tuesday pared losses from previous session amid broad-based selling, led by financial, IT, and auto stocks.
Investors earned about Rs 6 lakh crore as the overall market capitalisation of BSE-listed firms rose to Rs 451 lakh crore from nearly Rs 445 lakh crore in the previous session.
Tech Mahindra was the top gainer with 2.77 per cent, followed by the TCS and HCL Tech by 2.11 and 1.52 per cent up on the BSE.
The IPO opened for subscription between December 2-4 and it was subscribed more than 165 times at a price band of Rs 36-37 per share
The action comes after Sebi on November 22 barred it from taking on new clients over alleged misuse of clients' securities worth over Rs 2,300 crore.
At 0958 Hours IndusInd Bank was at top of the charts with high 2.49 per cent. Followed by HDFC, ITC and SBI.
The investment in Yes Bank comes after it confirmed that it had received an offer worth $1.2 billion from potential global investors.
