MARKET WRAP: Sensex ends 159 pts down, Nifty at 10,657; metals, realty slip Rupee Coin Png - BitCoin Wealth 247 News Blog
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MARKET WRAP: Sensex ends 159 pts down, Nifty at 10,657; metals, realty
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MARKET WRAP: Sensex ends 159 pts down, Nifty at 10,657; metals, realty slip Rupee Coin Png

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MARKET WRAP: Sensex ends 159 pts down, Nifty at 10,657; metals, realty slip

Rupee Coin Png,<br />					 					 MARKET WRAP: Sensex ends 159 pts down, Nifty at 10,657; metals, realty slip
Among sectoral indices, the Nifty Metal index ended 1.8 per cent lower led by a fall in the shares of Jindal Steel & Power and National Aluminium Company. Rupee Coin Png

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Rupee Coin Png,<br />					 					 MARKET WRAP: Sensex ends 159 pts down, Nifty at 10,657; metals, realty slip
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Nifty Metal index ends 1.79% lower. Top losers:





COMPANY

LATEST

PREV CLOSE

LOSS()

LOSS(%)



JINDAL STEEL

206.95

223.05

-16.10

-7.22



JSW STEEL

313.40

326.80

-13.40

-4.10



NATL. ALUMINIUM

62.05

64.70

-2.65

-4.10



JINDAL STAIN .HI

129.35

134.25

-4.90

-3.65



S A I L

80.20

83.00

-2.80

-3.37



Nifty sectoral losers of the day
BSE Sensex: Bharti Airtel, NTPC among top losers of the day, Asian Paints top gainer

Market at close

 

The S&P BSE Sensex ended at 35,264, down 159 points while the broader Nifty50 index settled at 10,657, down 57 points. Gold extends losses on global cues, low demand


Gold prices shed Rs 20 to Rs 31,400 per ten grams at the bullion market today amid a weak trend overseas and easing demand from local jewellers.

 

Silver also remained under selling pressure and lost Rs 250 at Rs 40,350 per kg owing to reduced offtake by industrial units and coin makers. READ MORE
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The benchmark indices pared most of their day's losses to end slightly lower tracking the global markets, even as rupee recovered and oil prices dropped after Trump tweeted that Saudi Arabia had agreed to lift oil production by “maybe up to 2,000,000 barrels”.


The S&P BSE Sensex ended at 35,264, down 159 points while the broader Nifty50 index settled at 10,657, down 57 points.

Rupee Coin Png,<br />					 					 MARKET WRAP: Sensex ends 159 pts down, Nifty at 10,657; metals, realty slip
the Nifty Metal index ended 1.8 per cent lower led by a fall in the shares of Jindal Steel & Power and National Aluminium Company. The Nifty Realty index also ended 1.4 per cent lower as stocks of Indiabulls Real Estate and Housing Development and Infrastructure declined. Rupee Coin Png , the Nifty Metal index ended 1.8 per cent lower led by a fall in the shares of Jindal Steel & Power and National Aluminium Company. The Nifty Realty index also ended 1.4 per cent lower as stocks of Indiabulls Real Estate and Housing Development and Infrastructure declined.


A renewed slide in Chinese shares and a sobering set of factory surveys sucked Asian markets lower on Monday, while the euro and the Mexican peso were both jolted by political developments at home. Shanghai blue chips resumed their slide with a fall of 2.3 percent that soured sentiment across the region.


MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.6 percent, adding to a 2 percent drop last week. Japan's Nikkei shed 2.2 percent to an 11-week low, with a survey of manufacturers showing sentiment had darkened a shade in the face of trade war threats.


Oil prices fell on Monday as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid an escalating trade dispute with the United States.

Rupee Coin Png,<br />					 					 MARKET WRAP: Sensex ends 159 pts down, Nifty at 10,657; metals, realty slip

Benchmark Brent crude oil fell $1.24 a barrel to a low of $77.99 before recovering to around $78.50, down 73 cents. US light crude was down 40 cents at $73.75.


On macro front, India’s manufacturing conditions improved in June at the strongest pace since December 2017, supported by the sharpest gains in output and new orders in 2018 so far. Reflecting greater production requirements, firms were encouraged to engage in purchasing activity and raise their staffing levels. On the price front, input cost inflation was the sharpest since July 2014, whilst output charges rose at a stronger pace. Business confidence eased to the weakest since last October.


The Nikkei India Manufacturing Purchasing Managers’ Index (PMI) rose from 51.2 in May to 53.1 in June. This was consistent with the fastest improvement in the health of India’s manufacturing economy in 2018 so far

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