FIRST TRADE: Indices open lower; Sensex down 200 pts; Nifty tests 19,300
Stock market today: Both indices opened over 0.40 per cent lower. Last seen, the S&P BSE Sensex was down 149.28 points, or 0.23 per cent, at 65,001.74 and the NSE Nifty was down 48.25 points, or 0.25 per cent, at 19,317.05.
Stock market today: The Indian equity benchmark indices opened lower on Friday, August 18, amid weak global clues. Globally, the US markets slid on inflationary concerns, and there was choppiness in the Asian markets due to demand concerns in China. Selling was seen in financial services, FMCG, and IT stocks.
Both indices opened over 0.40 per cent lower. Last seen, the S&P BSE Sensex was down 149.28 points, or 0.23 per cent at 65,001.74, and the NSE Nifty was down 48.25 points, or 0.25 per cent at 19,317.05.
In the broader market, the Nifty Mid Cap 100 and Small Cap 100 traded in the green.
On the sectoral front, Bank Nifty traded flat. The index opened at 43,724.75. Nifty IT saw selling pressure in the morning deals.
BUZZING STOCKS
ONGC was down nearly 1 per cent after the company announced it was investing Rs 1 lakh crore by the end of this decade in low-carbon energy opportunities, including renewables and green hydrogen.
Godrej Properties stock was down over 1 per cent after its net debt jumped 45 per cent during the April-June quarter.
Jain Irrigation stock was down over 2 per cent after the company announced its plan to raise around Rs 200 crore through preferential allotment of equity share warrants.
On the other hand, Yatharth Hospital shares zoomed over 7 per cent after it posted a 73.11 per cent jump in its consolidated profit after tax.
South Indian Bank was up over 8 per cent after RBI approved the appointment of PR Seshadri as MD & CEO.
NLC India shares were up over 3 per cent as the company entered into a long-term power usage agreement with Rajasthan Urja Vikas Nigam Ltd.
Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.
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.
RECOMMENDED STORIES
RCB vs CSK IPL 2024 Ticket Booking Online: Where and how to buy RCB vs CSK tickets online - Check IPL Match 68 ticket price, other details
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
Go Digit IPO: Should you subscribe Virat Kohli, Anushka Sharma-backed issue? Here's what Anil Singhvi suggests
Women loco pilots speak about their struggle; many men have to be informed even for 'washroom break' in a moving train
Bandhan Bank Q4 FY24 Results Preview: PAT, interest income likely to grow in almost double digits; asset quality may improve
Gold and Silver rate today (May 16, 2024): Yellow metal futures subdued; white metal hits record high breaches Rs 87,000 mark
10:11 AM IST