LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Markets News

Stock Market opening: Sensex drops over 150 points, Nifty under 11,800 level

The domestic markets witnessed a negative sentiment on Monday morning as BSE Sensex fell over 150 points and the NSE Nifty slipped below the 11,800 mark in early trade, dragged down by losses in index heavyweight RIL, ITC and HDFC stocks.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Stock Market opening: Sensex drops over 150 points, Nifty under 11,800 level
Top losers in the Sensex pack in early trade included Vedanta, Tata Steel, RIL, Coal India, Axis Bank, Hero MotoCorp, Tata Motors and Kotak Bank, shedding up to 2 per cent. Source - PTI.
Written By: ZeeBiz WebTeam
Updated: Mon, Jun 17, 2019
10:00 am
New Delhi, ZeeBiz WebDesk
RELATED NEWS
In chat with Anil Singhvi, analyst Vikas Sethi picks Kotak Bank, RIL as top buys for big returns In chat with Anil Singhvi, analyst Vikas Sethi picks Kotak Bank, RIL as top buys for big returns
Mid-Cap Picks with Anil Singhvi: Huhtamaki PPL, PNB Housing and Rallis India are stocks to buy today Mid-Cap Picks with Anil Singhvi: Huhtamaki PPL, PNB Housing and Rallis India are stocks to buy today
Heranba Share Price – After bumper listing, is the stock cheaper or expensive? See this EXCLUSIVE research Heranba Share Price – After bumper listing, is the stock cheaper or expensive? See this EXCLUSIVE research
IRCTC Share Price Outlook: Anil Singhvi predicts Rs 2500 target, lists out reasons to buy IRCTC Share Price Outlook: Anil Singhvi predicts Rs 2500 target, lists out reasons to buy
Heranba IPO listing is a big success; now, experts unveil this money-making strategy - buy these stocks Heranba IPO listing is a big success; now, experts unveil this money-making strategy - buy these stocks

The domestic markets witnessed a negative sentiment on Monday morning as BSE Sensex fell over 150 points and the NSE Nifty slipped below the 11,800 mark in early trade, dragged down by losses in index heavyweight RIL, ITC and HDFC stocks. The 30-share index was trading 175.29 points, or 0.44 per cent, lower at 39,276.78 at 0930 hours. Similarly, the broader NSE Nifty was quoting 50.20 points, or 0.42 per cent, down at 11,773.10.

Top losers in the Sensex pack in early trade included Vedanta, Tata Steel, RIL, Coal India, Axis Bank, Hero MotoCorp, Tata Motors and Kotak Bank, shedding up to 2 per cent. Meanwhile, Yes Bank, Infosys, PowerGrid, NTPC and TCS rose up to 1 per cent. "Current formation of the market is indicating that major participants of the market are turning cautious ahead of the major outcome of Fed's decision, which is due on 19th June 2019," said Ashish Nanda EVP & Business Head - PCG, Commodities and Currency Business, Kotak Securities.

The markets had tumbled in the last session as well. On Friday, the BSE gauge settled 289.29 points, or 0.73 per cent, lower at 39,452.07, and the broader NSE Nifty tumbled 90.75 points, or 0.76 per cent, to close at 11,823.30.

US indices are trading at resistance levels, which is an indication of weakness to persist. Elsewhere in Asia, while Shanghai Composite Index, Hang Seng, Nikkei and Kospi were trading on a mixed note in their respective early sessions. Meanwhile, foreign institutional investors sold equity worth Rs 238.64 crore, while domestic institutional investors bought shares to the tune of Rs 376.47 crore, provisional data available with stock exchanges showed on Friday.

On the other hand, the Indian rupee depreciated 6 paise to 69.86 against the US dollar. The global oil benchmark Brent crude futures were trading 0.31 per cent higher at 62.20 per barrel. 

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:
MarketsSensexNifty
RELATED NEWS
In chat with Anil Singhvi, analyst Vikas Sethi picks Kotak Bank, RIL as top buys for big returns In chat with Anil Singhvi, analyst Vikas Sethi picks Kotak Bank, RIL as top buys for big returns
Mid-Cap Picks with Anil Singhvi: Huhtamaki PPL, PNB Housing and Rallis India are stocks to buy today Mid-Cap Picks with Anil Singhvi: Huhtamaki PPL, PNB Housing and Rallis India are stocks to buy today
Heranba Share Price – After bumper listing, is the stock cheaper or expensive? See this EXCLUSIVE research Heranba Share Price – After bumper listing, is the stock cheaper or expensive? See this EXCLUSIVE research
IRCTC Share Price Outlook: Anil Singhvi predicts Rs 2500 target, lists out reasons to buy IRCTC Share Price Outlook: Anil Singhvi predicts Rs 2500 target, lists out reasons to buy
Heranba IPO listing is a big success; now, experts unveil this money-making strategy - buy these stocks Heranba IPO listing is a big success; now, experts unveil this money-making strategy - buy these stocks

LATEST NEWS

PUBG New State game pre-registrations: 5 million mark hit on Google Play in just 1 week; Check APK download link

Indian economy outlook 2021: This is why FY 2021 GDP performance will be better than projection—Finance Ministry EXPLAINS

Gold Price Outlook – Gold, Silver prices may see further fall next week; expert tells what to do to maximise gains

Covid 19 Phase 2: These government employees to be reimbursed 'medical expenses' for coronavirus vaccination

Heranba Share Price – After bumper listing, is the stock cheaper or expensive? See this EXCLUSIVE research

DDA Housing Scheme 2021: Draw for allotment of flats on this DATE—Watch it live on AWAAS app

In chat with Anil Singhvi, analyst Vikas Sethi picks Kotak Bank, RIL as top buys for big returns

EPF Passbook Balance Check Online: EPFO members can do this via Umang App, SMS, missed call; choose whatever you want

Solid Fuel Ducted Ramjet successful flight test : How it gives technological edge to DRDO and boosts its long range air-to-air missiles capabilities—EXPLAINED

7th Pay Commission: Central Government Employees' Dearness Allowance (DA) to become 25 pct from April 2021?

  • 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
Copyright © Zee Media Corporation Ltd. All rights reserved