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Closing Bell: Market closes largely negative, Nifty below 10,700 ahead of RBI policy meet outcome
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Closing Bell: Market closes largely negative, Nifty below 10,700 ahead of RBI policy meet outcome
Jun 3, 2018 11:19 PM

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Jun 4, 2018 3:40 PM

Market closes largely negative, Nifty below 10,700.

The market closed largely negative with the BSE Sensex, slipping more than 200 points, to close at 35,011 and the NSE Nifty closed below 10,700 points, at 10,628 points. The market closed largely in the red ahead of the RBI policy meet outcome on Wednesday. HDFC Bank traded in the red after erasing its opening gains. GAIL, Adani Ports and Asian Paints were the top index losers while Idea Cellular, Dr Reddy's Labs and Lupin were among the top index gainers in the session.

Jun 4, 2018 3:33 PM

The market continues to trade weak towards the close.

Jun 4, 2018 3:19 PM

India ships its first shipment for LNG from Russia, Oil Minister Pradhan said.

Jun 4, 2018 2:57 PM

Here's a snippet of the new RBI deputy governor's CV.

Jun 4, 2018 2:42 PM

The rupee is currently trading at the day's low, at 67.09 against the US dollar.

Jun 4, 2018 2:38 PM

Market extends losses, Sensex falls more than 150 points.

The market is extending losses with the BSE Sensex trading at 35,039 points and the NSE Nifty trades at 10,625 points. The market trades weak despite strong global cues. The investors seem to be trading cautiously ahead of the RBI policy meet as some experts say a change in the repo rate is likely while some say it will be unchanged. In stocks, HDFC Bank, Bharti Airtel and GAIL are the top index losers while M&M, Dr Reddy's Lab and Idea Cellular are the top index losers.

Jun 4, 2018 2:19 PM

WATCH| Raamdeo Agrawal, Motilal Oswal Financial Services co-founder, on the Q4 season.

Jun 4, 2018 2:14 PM

Just in: Lupin launches generic Methylergonovine Maleate in the US.

Jun 4, 2018 2:06 PM

WATCH| The Eastern Peripheral Expressway holds out hope for New Delhi.

Jun 4, 2018 1:44 PM

Finance Secretary Rajeev Kumar tweets: Snapshot of RBI's new deputy governor.

Jun 4, 2018 1:39 PM

Market trades weak, Sensex slips 100 points.

The market is trading weak with the BSE Sensex, losing more than 100 points, at 35,118 points and the NSE Nifty trading at 10,657 points, below 10,700. The market is trading weak despite strong global cues. The banks are dragging the market with HDFC Bank continuing to lose more than a percent.

Jun 4, 2018 1:35 PM

Just in: MK Jain is appointed as the RBI deputy governor for three years.

Jun 4, 2018 1:32 PM

Crude oil eases for second day on prospects of higher supplies.##Crude oil eases for second day on prospects of higher supplies.

Brent crude oil futures slid for a second session on Monday as the market was weighed down by a climb in US output to a record-high and expectations that OPEC members will raise supplies.

Global benchmark Brent was down 10 cents, or 0.1 percent, at $76.69 a barrel by 0652 GMT.

US West Texas Intermediate (WTI) crude futures were unchanged at 65.81 a barrel. Last week, WTI lost around 3 percent, adding to a near 5-percent decline from a week before.

“Crude oil remained under pressure as the market remained focused on the discussion between OPEC members about whether they should increase production later this year,” ANZ said in a note.

(From Reuters)

Jun 4, 2018 1:24 PM

The market is currently trading at the day's low.

Jun 4, 2018 1:20 PM

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