ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Web Stories
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • IPL 2023
    • Karnataka Elections 2023
    • Viral
    • Education
    • Jobs
Read in App
Business News » India News

Sensex loses 39K, Nifty trades sideways; Infosys, Cadila Healthcare, PC Jeweller stocks dip

The BSE Sensex 50 points after closing at 38,981, below psychological 39,000 levels. The 50-stock Nifty index went down 23 points to 11,723 while bank Nifty index 56 points after closing at 29,708 levels.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Sensex loses 39K, Nifty trades sideways; Infosys, Cadila Healthcare, PC Jeweller stocks dip
The market is trading range-bound and the index Nifty is trading in between 11,500 to 11,750. Since the overall market is bullish, investors are advised to follow buy on dips strategy, say experts. Photo: PTI

On account of weak global cues and neutral future and option (F&O), the Indian stock market trade range-bound throughout the intraday trade on Thursday. The BSE Sensex 50 points after closing at 38,981, below psychological 39,000 levels. The 50-stock Nifty index went down 23 points to 11,723 while bank Nifty index 56 points after closing at 29,708 levels. Infosys shares went down 2.68 per cent, Cadila Healthcare shares dipped over 3 per cent while PC Jeweller counter went off 4.67 per cent.

Speaking on the market trends Simi Bhaumik, a SEBI registered technical equity analyst told Zee Business, "The market is trading range-bound and the index Nifty is trading in between 11,500 to 11,750. Since the overall market is bullish, investors are advised to follow buy on dips strategy."

IT stocks led the bear run on Dalal Street today as the BSE IT index went down around 1.84 per cent. IT major Infosys went down 2.68 per cent, HCL Technologies share price dipped near 2 per cent, NIIT Technologies counter went off 1.4 per cent, Ramco Systems crashed 3.2 per cent while Rolta India counter crashed 3.77 per cent. Tata Elxsi share price dipped 3.67 per cent while TCS shares went southward 1.8 per cent.

Consumer durable stocks followed IT stocks closely as the BSE Consumer durable index went down near 1 per cent. Consumer durable major PC Jeweller went down 4.33 per cent, shares of VIP Industries went southward near 2 per cent, TTK Prestige and Symphony stocks went down around 0,85 per cent, Crompton Greaves Consumer Electricals counter slipped 1.4 per cent while Blue Star stock wend off around 0.35 per cent.

Asian markets also witnessed tepid trade as Japanese and Chinese markets are closed today. South Korean Kospi added 0.42 per cent, Shanghai index added over half a per cent.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
SensexNiftyMarketsDALAL STREETInfosysCadila HealthcarePC Jeweller
Written By: ZeeBiz WebTeam
Updated: Thu, May 02, 2019
03:58 pm
New Delhi, ZeeBiz WebDesk
RELATED NEWS
From global cues to last leg of Q4 results, 10 things to know before Dalal Street opening bell From global cues to last leg of Q4 results, 10 things to know before Dalal Street opening bell
From last leg of Q4 results to global cues: 10 things to know before opening bell From last leg of Q4 results to global cues: 10 things to know before opening bell
From last leg of Q4 results to global cues, 10 things to know before opening bell From last leg of Q4 results to global cues, 10 things to know before opening bell
From global cues to Q4 results, 10 things to know before stock market opens today From global cues to Q4 results, 10 things to know before stock market opens today
From global cues to Q4 results, 10 things to know before share market opens today From global cues to Q4 results, 10 things to know before share market opens today

LATEST NEWS

5 smartphones under Rs 12,000 with good storage, battery performance

HUL says operating environment is expected to remain volatile with global slump

JioCinema breaks world record with over 3.2 cr viewers during IPL final

Currency in circulation rose in value, volume during 2022-23: RBI

Apollo Hospitals dividend: Board announces 180% payout

Nvidia joins elite $1 trillion valuation club thanks to AI boom

JAC 12th Arts, Commerce Result 2023 released at jac.jharkhand.gov.in: Check steps to download scorecard

Apollo Micro Systems board approves Rs 200-cr fund raising plan

Nirjala Ekadashi May 2023: Know date, time, significance, rituals and other details

IPL Winners: CSK lift Tata IPL 16 trophy, beat GT by 5 wickets - Check winners list from 2008 to 2023 here

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. Indiadotcom Digital Private Limited. All Rights Reserved.
LIVE TV