ANI
25 Apr 2019, 16:57 GMT+10
Mumbai (Maharashtra) [India], Apr 25 (ANI): Equity benchmark indices wound up lower on Thursday after witnessing heavy selling pressure in the final hour of trading and losses in metal stocks.
The SP BSE Sensex opened above 39,100 mark, touched a high of 39,262 but closed 324 points lower from yesterday's close at 38,731.
Panic selling in the closing hour of trading session also pulled the Nifty 50 down 84 points to close at 11,642.
All sectoral indices wrapped up in the red, except realty.
Significant losses in Reliance Industries, HDFC Bank, Infosys and ICICI Bank weighed on the broader index in afternoon trade.
Bharti Infratel fell as much as 9.6 per cent due to subdued corporate results. The other prominent losers were Tata Steel, Vedanta, Maruti and Hindalco.
Those which showed gains were Ultra Cement, Grasim, Dr Reddy, Bharti Airtel and Bharat Petroleum.
Meanwhile, Asian shares were mixed with investors remaining cautious after the United States told countries buying Iranian oil to stop purchases by May 1 or face economic sanctions.
Chinese equities moved between gains and losses as investors weighed how Beijing will slow its pace of policy easing after strong first-quarter economic growth.
Stocks declined in Seoul and Hong Kong but Japan's benchmarks were flat. (ANI)Get a daily dose of Manufacturing Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Manufacturing Mirror.
More InformationNew Delhi [India], July 8 (ANI): Congress President Mallikarjun Kharge slammed the NDA alliance in Bihar, accusing them of destroying...
Patna (Bihar) [India], July 8 (ANI): One of the accused in the businessman Gopal Khemka murder case was killed in a police encounter...
Fazilka (Punjab) [India] July 8 (ANI): Prominent businessman Sanjay Verma was shot dead by three unidentified assailants in Abohar...
Ludhiana (Punjab) [India], July 7 (ANI): Madhya Pradesh Chief Minister Mohan Yadav participated in 'Interactive Session on Investment...
Jorhat (Assam) [India], July 7 (ANI): If you ever visit Jorhat, a serene and culturally rich town in Assam, don't miss the opportunity...
Araria (Bihar) [India], July 7 (ANI): Unidentified assailants shot at a man and killed his 12-year-old son while they were sleeping...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
WASHINGTON, D.C.: President Donald Trump says the United States could soon reach a trade deal with India. He believes this deal would...
New Delhi [India], July 8 (ANI): US President has again turned to tariffs as a pressure tool in trade negotiations, a report by the...
(Photo credit: Bruce Kluckhohn-Imagn Images) Byron Buxton has solidified his status as a two-time All-Star for the Minnesota Twins....
Mumbai (Maharashtra) [India], July 7 (ANI): Skoda Auto Volkswagen India on Monday announced the addition of Bentley, the legendary...