Sensex, Nifty Clock Worst Week In Nearly Four Months
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Closing Bell: Sensex, Nifty Halts Two-Week Rally
Indian equity benchmarks clocked their worst weekly decline since Oct. 28, 2018, halting their two-week rally.
The S&P BSE Sensex index closed 0.19 percent lower today at 35,808.95 and the NSE Nifty 50 Index ended at 10,724.40, down 0.2 percent.
The market breadth was tilted in favour of sellers. About 1,093 stocks declined and 634 shares advanced on National Stock Exchange. All the sectoral gauges compiled by NSE fell, led by the NSE Nifty Pharma Index’s 3.1 percent decline.
Radico Khaitan Set For Longest Losing Streak In Over A Year
Shares of Radico Khaitan fell for the seventh day and are poised for their longest losing streak since Feb. 02, 2018. The stock fell as much as 2.2 percent to Rs 396.80 in today’s trade.
Stocks Moving On Heavy Volumes
- Stock rose as much as 17.1 percent to Rs 263.80.
- Trading volume was more than 30-times its 20-day average.
- Stock fell as much as 9.1 percent to Rs 554.
- Trading volume was more than nine times its 20-day average.
- Stock rose as much as 13.1 percent to Rs 464.60.
- Trading volume was almost six times its 20-day average.
- Stock rose as much as 10.3 percent to Rs 82.20.
- Trading volume was triple its 20-day average.
- Stock fell as much as 7.6 percent to Rs 78.
- Trading volume was more than double its 20-day average.
European Equities Trade Mixed As Trade Talks Wind Up
European equities traded mixed as trade talks between China and the U.S. make little progress as the deadline for tariffs approaches.
BQ Blue Exclusive | How The IL&FS Crisis Took A Toll On Mutual Funds
Fourteen mutual funds saw their debt assets erode by about a tenth in four months since fears of a credit shortage triggered redemptions from debt schemes.