Sensex down 450 points on global sales; drag SBI, HCL Tech

 

Indian markets closed flat on Thursday.Indian markets closed flat on Thursday.
2 min learn . Up to date: 04 Sep 2020, 09:53 AM IST

Madhumita Sen Choudhury

  • Benchmark indices slipped 1.5% at open however recovered marginally with Sensex down 450 factors and Nifty down 150 factors

Welcome to the Mint reside weblog. Observe this area for contemporary inventory market updates.

04 Sep 2020, 09:49:58 AM IST

Maruti Suzuki lone gainer

Maruti Suzuki, up 1%, was the lone gainer on Sensex at this hour

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04 Sep 2020, 09:44:57 AM IST

SBI loses most

SBI was the largest laggard on Sensex with shares down over 2%

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04 Sep 2020, 09:39:46 AM IST

Financial institution Nifty slips

Financial institution Nifty slipped 2% as Supreme Court docket has directed banks to not tag loans that have been normal as on 31 August as non-performing even when there was a default, until additional orders.

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04 Sep 2020, 09:35:31 AM IST

Nifty gainers/losers

Zee and IndisInd Financial institution dragged Nifty. Solely two shares superior on the index, whereas 48 fell

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04 Sep 2020, 09:31:18 AM IST

BSE Midcap

BSE MidCap was down 200 factors

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04 Sep 2020, 09:21:53 AM IST

Markets open

Sensex slipped 1.5% to 38,425.72 at open. All constituents on the index have been within the purple.

Nifty additionally fell 1.5% to 11,354.40 with Zee and Indusind Financial institution being the highest laggards. The Financial institution Nifty fell 500 factors.

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04 Sep 2020, 09:05:20 AM IST

Markets slip at pre-open

Sensex slips 470 factors at pre-open, whereas Nifty slips 125 factors at pre-open.

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04 Sep 2020, 08:47:58 AM IST

Silver Lake in talks to purchase stake in Reliance Retail: Report

Personal fairness agency Silver Lake Companions is in talks to take a position $1 billion within the retail arm of Reliance Industries Ltd, the Monetary Instances reported on Thursday, citing individuals with direct information of the matter.

The funding, which might worth Reliance Retail at about $57 billion, comes as the corporate is aiming to promote about 10% in new shares, the report added.

04 Sep 2020, 08:40:36 AM IST

Promote-off seemingly in Indian markets

Indian markets are seemingly see a sell-off on Friday following weak point in world friends. Developments in SGX Nifty point out unfavourable opening for Indian benchmark indices. On Thursday, the BSE ended at 38,990.94, shedding 95.09 factors or 0.24%. The 50-share index Nifty was down 7.55 factors or 0.07% to shut at 11,527.45. (Full report)

04 Sep 2020, 08:28:38 AM IST

Asia indices slip

Asian markets fell on Friday monitoring Wall Road which noticed its worst day since June. Japan’s Nikkei shed 1%, Hong Kong’s Dangle Seng tumbled practically 2%. Australia’s S&P/ASX 200 misplaced 2.6%, whereas Shanghai Composite index slipped 1.2%.

04 Sep 2020, 08:12:06 AM IST

Shares to Watch: Banks, RIL, Vodafone Concept, Infosys

Right here’s a listing of prime shares which may be in information on Friday: Banks and monetary, RIL, Vodafone, Infosys

Amongst corporations that may element earnings right this moment are: Nalco, Future Retail, Jubilant Life Sciences and Repco House Finance.

04 Sep 2020, 08:06:17 AM IST

US markets tumble

Benchmark indices on the Wall Road fell sharply on Thursday, marking their deepest one-day declines since June as traders dumped expertise shares, whereas financial information highlighted issues a couple of lengthy and troublesome restoration. The Dow Jones Industrial Common closed 2.8% decrease, S&P 500 slipped 3.5% and the Nasdaq Composite plunged 5%.

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