Tuesday 22nd, May 2018
canara news

Equities close in red, Sensex recovers over 700 points

Published On : 06 Feb 2018

Mumbai, (IANS) The key Indian equity indices provisionally closed Tuesday's trade in the negative territory, paring some losses to recover from their day's lows.

A massive downturn in the global stock markets unleashed a selling frenzy on the domestic bourses during the day's trade.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE recovered over 700 points from its day's low at 33,482.81 points.

The Sensex provisionally closed (at 3.30 p.m.) at 34,195.94 points -- down 561.22 points or 1.61 per cent -- from its previous close at 34,757.16 points.

Similarly, the wider Nifty50 of the National Stock Exchange bounced back over 200 points to close trade at 10,498.25 points -- down 168.30 points or 1.58 per cent from its previous close.

According to market observers, all the major Asian as well as European stock markets, edged lower following an overnight downward correction in Dow Jones by over 1,100 points.

Just after the pre-open session, the Sensex of the BSE traded more than 1,000 points or 2.90 per cent lower from Monday's close.

Tata Steel and Bharti Airtel were the gainers on the BSE, while the top losers were Tata Motors, Tata Motors (DVR), Tata Consultancy Services, Hero MotoCorp and Kotak Bank.

More News

Petrol, diesel touch all time highs as oil companies hike rates
Petrol, diesel touch all time highs as oil companies hike rates
Reliance 'JioFi' dominates data card market: Report
Reliance 'JioFi' dominates data card market: Report
BSES to accept 'no supply' complaints via WhatsApp
BSES to accept 'no supply' complaints via WhatsApp

Write your Comments

Disclaimer: Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. canaranews.com will not be responsible for any defamatory message posted under this article.

Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on CANARANEWS to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using canaranews will be purely at your own risk, and in no way will canaranews.com be held responsible.