Post Session- Sensex ends tad lower amid GST caution
02/08/2016 16:24
BSE SENSEX closed at 27,981.71, down by 21.41 points or by 0.08 per cent
NSE Nifty ended at 8,622.9, down by 13.65 points or by 0.16 per cent.
However, Dalal Street received support from solid Indian economic data as core sector growth accelerated to 5.2 per cent in June 2016 year-on-year, from 2.8 per cent in May 2016.
The top losers of the BSE Sensex pack were Tata Motors Ltd. (down by 2.80 per cent), Housing Development Finance Corporation Ltd. (down by 2.37 per cent), Adani Ports & Special Economic Zone Ltd. (down by 1.62 per cent), ICICI Bank Ltd. (down by 1.54 per cent) and Bharti Airtel Ltd. (down by1.54 per cent), among others.
On the Sectoral front, metal and realty shed 1.78 per cent and 1.18 per cent, respectively.
Asian shares ended mixed as Chinese shares rose the most in a week amid a rally in developers while markets in Hong Kong were shut due to a typhoon. Japan’s Nikkei 225 ended nearly 1.5 per cent down even as the government unveiled a USD 45 billion fresh spending package for the year.
02/08/2016 16:24
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Indian equity benchmarks marked a third straight day in the red, ending with slim losses on Tuesday as investors resorted to a cautious approach ahead of the tabling of the crucial GST bill in the Rajya Sabha on Wednesday by the Modi government with opposition parties likely to give their nod, that could pave the way for the country’s biggest fiscal reform yet.BSE SENSEX closed at 27,981.71, down by 21.41 points or by 0.08 per cent
NSE Nifty ended at 8,622.9, down by 13.65 points or by 0.16 per cent.
However, Dalal Street received support from solid Indian economic data as core sector growth accelerated to 5.2 per cent in June 2016 year-on-year, from 2.8 per cent in May 2016.
The top losers of the BSE Sensex pack were Tata Motors Ltd. (down by 2.80 per cent), Housing Development Finance Corporation Ltd. (down by 2.37 per cent), Adani Ports & Special Economic Zone Ltd. (down by 1.62 per cent), ICICI Bank Ltd. (down by 1.54 per cent) and Bharti Airtel Ltd. (down by1.54 per cent), among others.
On the Sectoral front, metal and realty shed 1.78 per cent and 1.18 per cent, respectively.
Asian shares ended mixed as Chinese shares rose the most in a week amid a rally in developers while markets in Hong Kong were shut due to a typhoon. Japan’s Nikkei 225 ended nearly 1.5 per cent down even as the government unveiled a USD 45 billion fresh spending package for the year.
