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Closing Bell: Nifty ends below 11,500, Sensex falls 222 points; auto stocks slip

The Sensex was down 222.14 points at 38164.61, while Nifty was down 64.10 points at 11456.90.

Mar 22, 03:34 PM (IST)
Market Close: Benchmark indices ended lower but off day’s low on Friday with Nifty finished below 11,500 level.

At close, the Sensex was down 222.14 points at 38164.61, while Nifty was down 64.10 points at 11456.90. About 1009 shares have advanced, 1665 shares declined, and 143 shares are unchanged.

NTPC, L&T, Asian Paints, JSW Steel and Hindalco Industries were top gainers on the Nifty, while losers were Bharti Infratel, BPCL, Tata Motors, HPCL and Reliance Industries.

Except infra all other sectoral indices ended in red led by Nifty PSU bank, auto, energy, pharma, metal and IT. BSE Midcap fell 0.60 percent, while Smallcap index fell 0.40 percent.

Mar 22, 03:27 PM (IST)
TVS Electronics to sell entire holding in subsidiary: The company has entered into share purchase agreements for disposing its entire shareholding in Benani Foods, subsidiary of the company.

Mar 22, 03:20 PM (IST)
Canara Bank issues Foreign Currency Bond under MTN: The bank launched a issuance of 5 year Senior Unsecured Bonds (Medium Term Notes) to the extent of USD 400 million under Medium Term Note (MTN) Programme, through its London branch. It is priced at 5 year US Treasury plus 170 bps carrying a coupon of 3.875% fixed payable half yearly.

Mar 22, 03:12 PM (IST)
No observations for Cadila’s Ahmedabad facility: The USFDA inspected the pharmaceutical technology centre (PTC), at Ahmedabad, dedicated to new product development of various niche dosage forms including solid oral, parenteral, pulmonary, oncology, ointment & creams and transdermal, from March 18 to 22, 2019.

Mar 22, 02:26 PM (IST)
Market Update: The benchmark indices are erased all its gains and trading at day’s low point with Nifty around 11,450 level.

The Sensex is down 254.13 points at 38132.62, while Nifty is down 75.60 points at 11445.40. About 928 shares have advanced, 1551 shares declined, and 135 shares are unchanged.

source: moneycontrol.com

Categories:   Indian Stock exchange, Indian Stock Market, Indian Stock Pick

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