Sensex ends below 200 points; on Brexit fears
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BSE Sensex slumped by 200 points at 26,525.46. The 30-stock index was negative with 7 advances and 23 declines. Total turnover stood at Rs. 454.00 crore with volume of 10,880,525.
Dhampur Sugar is trading down by 4.17% at Rs. 112.50. The company has raised Rs. 200 crore via QIP.
Brexit fear has shrinked all the gains of Indian equity market. There was no relief in Thursday's trading session, except PSU banks, remaining all sectors tumbled. At 3.05 pm, Sensex continues to slump 206.88 points or 0.77% at 26,519.46, while NSE was down by 70 points at 8,136.20.
MCX gold price rises more than 300/10 gm.
Maruti Suzuki dips on Japan currency depreciating. Shares of the company slumps by 2.62% at Rs. 4,069.70.
During the second half of the session, Sensex was trading at 26,428.70 below 290 points, while NSE dips 96 points at 8,110.
PC Jeweller slumps on BSE. The company plans to open its 62 showroom in Jharkhand. The shares were down by 1.25%at Rs. 370.55.
There is heavy selling under bluechip companies. On BSE, bluechip stocks were trading in red, with ITC at Rs. 352.50 (2%), ICICI Bank at Rs. 239 (1.79%), Larsen & Tourbo at Rs. 1,486 (1.59%), HDFC at Rs. 1,189.50 (1.36%) and Reliance Industries at Rs. 971 (1.16%).
Ujjivan Financial Services dips on the market, on RBI restricting FII buying in the company. The script was trading at Rs. 382.60 below 8.50 points or 2.17%. It opened at Rs. 378.40 down its previous closing of Rs. 391.10.
Strong move on State Bank associates on Cabnets approval for merger. State Bank of Maysore is trading at Rs. 652 surging by 19%, highest among SBI subsidiaries. State Bank of Bikaner and Jaipur and State Bank of Travancore both up by 15%, trading at Rs. 691.20 and Rs. 552.90 respectively. However, their parent State Bank of India is trading marginally down at Rs. 215.30.
All Telecom stocks slipps on BSE. Bharti Airtel and Reliance Communication both down by 2% trading at Rs. 344.70 and Rs. 46.90. Tata Communication stood at Rs. 443.35 dips by 1.51%, and that of Idea Cellular marginally down at Rs. 99.85.