Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
September 25, Tuesday 2018 8:27 PM       

       HEADLINES: P K Sasi controversy: Evidence collected from 6 persons                                              Violinist Balabhaskar’s daughter dies in accident                                              Tamil movie incites murder in Thiruvananthapuram                                              Abhilash Tomy brought to Amsterdam                                              Govt promise turns farce; farmer commits suicide in Wayanad                                              Rahul Gandhi a 'directionless leader', Cong creating campaign based on lies: Javadekar                                              Amit Shah to attend BJP workers meet in Jaipur on Wednesday                                              Pak won't abandon peace efforts despite India's reluctance: Qureshi                                              Maldives government acknowledges opposition victory                                              Trump's latest tariffs on China begin to bite                                              China says can't hold US trade talks with 'knife to the throat'                                              I'm a 'scapegoat' says sacked Sri Lanka captain Mathews                                              Test cricket should not be tinkered with, says Kohli                                              Kaumudi Facebook
       BUSINESS Next Article: Over 1/3 of phishing attacks target financial sector customers in Q2  
       Sensex slips from record, falls 85 pts; logs 5th weekly gains
 
         Posted on :17:40:03 Aug 24, 2018
   
A A
       Last edited on:17:40:03 Aug 24, 2018
         Tags: Sensex ,weekly gains
 

MUMBAI: Benchmark Sensex shed about 85 points to close at 38,251.80 today after three straight record-setting sessions on emergence of profit-booking amid caution in global markets.



However, both the key indices Sensex and Nifty finished with gains for the fifth straight week.

Investors were also cautious after the rupee depreciated further against the US dollar to quote at 70.24 (intra-day).

Sentiment took a hit largely in sync with a weak trend in global markets amid escalating trade tensions between the US and China as talks between the two countries ended without any significant outcome.

The BSE 30-share barometer, after a higher start at 38,366.79, advanced to 38,429.50 in morning trade on continued buying by investors.

However, across-the-board profit booking at record levels pulled it down to a low of 38,172.77. It finally settled 84.96 points, or 0.22 per cent lower at 38,251.80.

The gauge had gained 673.20 points in the previous four sessions and closed at an all-time high of 38,336.76 yesterday.

The wider NSE Nifty too slipped from record but managed to close above the crucial 11,550 mark at 11,557.10 points, down 25.65 points or 0.22 per cent.

It shuttled between 11,604.60 and 11,532 during the session.

Yesterday, it had closed at a new life-time high of 11,582.75.

This was the fifth weekly gain in a row for the benchmarks. During the week, the Sensex gained 303.92 points, or 0.80 per cent, while the Nifty rose 86.35 points, or 0.75 per cent.

Financials, pharma, FMCG, consumer durables, IT and auto stocks dragged the key indices down from record highs.

Meanwhile, domestic institutional investors (DIIs) bought shares worth Rs 142 crore on a net basis, while foreign institutional investors (FIIs) accumulated equities to the tune of Rs 433.21 crore yesterday, provisional data showed.

 

A A
       BUSINESS
Next Article: Over 1/3 of phishing attacks target financial sector customers in Q2
 
 
BUSINESS HEADLINES
Jaitley asks PSU banks to take effective action against frauds, wilful defaults  
New MD-cum-CEO for Indian Bank  
New MD-cum-CEO for Indian Bank  
India may cut oil imports to mitigate pain from high oil prices, dip in rupee  
Gold rises marginally as traders widen bets  
Fed rate decision, rupee, crude oil to drive markets this week: Experts  
"RBI unlikely to hike repo rate in Oct despite weak INR"  
OYO to hire over 2,000 tech experts, engineers by 2020  
Sensex ends in red after 1,000-pt flash crash  
OYO to hire over 2,000 tech experts, engineers by 2020  
Avis India announces free doorstep delivery, collection of self-drive cars  
Dena Bank surges 20%; BoB tumbles 14% post merger announcement  
Vijaya Bank, Dena Bank, BoB to merge: Govt  
Mother Dairy won't cut prices despite Patanjali's cheaper cow milk  
Union Bank of India exits Antwerp diamond market  
Naidu discusses bilateral cooperation in trade and defence with Serbian President  
FundzBazar crosses 2 lakh investors milestone  
Ramdev Baba’s Patanjali launches cow milk, french fries and more  
United Bank of India increases MCLR by five basis points  
RBI submitted a list of high profile fraud cases to PMO: Rajan  
Chemists call for strike on Sep28 against online medicine sale  
Rupee sinks to new low of 72.91, drops 22 paise against USD  
Skills and You develops special module 'Curio'  
Google ready to comply with RBI norms for payment services, says official  
FinMin in touch with RBI for market intervention to contain rupee value  
 
Do you agree with KCBC's statement against nuns who protested?
yes
 
no
 
no opinion
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy