Market opens in red, Sensex down 150 points

Market opens in red, Sensex down 150 points

In the broader market, the BSE Midcap and the BSE Smallcap indices slipped 0.4 per cent and 0.6 per cent, respectively.

Around 1.15 p.m., the Nifty50 of the National Stock Exchange (NSE) fell by 52.90 points or 0.52 per cent to trade at 10,131.25 points.

The gauge had rallied 577.85 points in the past two sessions.

"It was also the derivative expiry day of the March series as also the last trading day of the month, quarter and fiscal year", he added.

Stock market opened in the red on Wednesday on negative global cues while trade war fears continue to niggle at investor confidence. "Both the benchmark Sensex and the Nifty lost over 0.50%, for the day", said Karthikraj Lakshmanan, Senior Fund Manager - Equities at BNP Paribas Mutual Fund. While the Sensex closed 205 points or 0.62% lower at 32,968 level, the Nifty fell 70 points to 10,113 points.

Citizenship Questions On Census May Hurt Illinois Count
The Census Bureau did not immediately respond to a request for comment on the NAACP's lawsuit. The Trump administration wants to ask a question about citizenship on the Census form.

Meanwhile, foreign portfolio investors (FPIs) bought shares worth a net Rs 1,063.12, while the domestic institutional investors (DIIs) made purchases to the tune of Rs 2,172.91 crore yesterday, as per provisional data. The indices marked a loss after two days of trading green.

The Sensex losers were: Tata Steel, down 3.25 per cent at Rs 570.90; Bharti Airtel, down 3.05 per cent at Rs 398.90; Adani Ports, down 2.93 per cent at Rs 354.65; Sun Pharma, down 1.95 per cent at Rs 495.40; and ICICI Bank, down 1.94 per cent at Rs 278.40.

The BSE market breadth was bearish with 1,758 declines and 895 advances.

On the other hand, Wipro (1.60%), Tata Motors (0.53%), Hero Motocorp (0.26%), Tata Power Company (0.25%), Kotak Mahindra Bank (0.19%), and Tata Consultancy Services (0.17%) were the major gainers in the Sensex.

In the Asian region, Japan's Nikkei climbed 2.65 per cent, Hong Kong's Hang Seng index rose 0.79 per cent, while China's Shanghai Composite Index was up 1.05 per cent and Singapore rose 0.74 per cent.

Related Articles

  • Millions of cars to be recalled due to exploding airbags

    Millions of cars to be recalled due to exploding airbags

    Takata's air bag problem has resulted in 100 million recalls worldwide and forced the Japanese company into bankruptcy protection. The bags were installed in vehicles made by over a dozen manufacturers and the recall has become the industry's largest.
    Northland students take part in March for Our Lives in Washington

    Northland students take part in March for Our Lives in Washington

    Their cowardice and failure to find solutions to America's gun violence epidemic have placed us all in danger. Here are some of the signs from the March For Our Lives' rallies .

    Three Facebook users sue over collection of call, text history

    As of now, three users of the Facebook Messenger app have sued Facebook in a class action suit and asked for unspecified damages. Facebook worked to address the potential for discriminatory advertisements, but it was called out again the following year.
  • Brotherly Love: Wade swats LeBron's shot into the stands

    Brotherly Love: Wade swats LeBron's shot into the stands

    The win marked Miami's 14th consecutive home win over the Cavaliers, a place Cleveland has not won at since 2010. Kelly Olynyk led the Heat off the bench with 19 points, five rebounds, three assists and three steals.
    Salvador Perez suffers grade 2 MCL tear after slipping while carrying luggage

    Salvador Perez suffers grade 2 MCL tear after slipping while carrying luggage

    A four-time Gold Glove victor and Silver Slugger, Perez slashed.268/.297/.495 last season with 27 home runs and 80 RBIs. After resting and icing the remainder of the night, he recieved an MRI Wednesday, which revealed a grade 2 sprain.
    South Korea says watching Beijing 'very closely' amid reports of Kim visit

    South Korea says watching Beijing 'very closely' amid reports of Kim visit

    Japanese media reported earlier on Monday that a high-ranking Pyongyang official appeared to have arrived by train in Beijing. The two Koreas previously agreed to hold a summit at a South Korean facility in the truce village of Panmunjom.
  • Calvary Lutheran Church Invites You to Worship this Easter Season

    Calvary Lutheran Church Invites You to Worship this Easter Season

    On Easter morning, breakfast will be provided by the congregation and will be served in the undercroft following the service. The Easter sunrise service will be at 7 a.m.at Prospect Hill Cemetery, and the church's Easter service will be at 10:30 a.m.
    3 students, school bus driver hospitalized after crash at Fort Leonard Wood

    3 students, school bus driver hospitalized after crash at Fort Leonard Wood

    She said she was not sure on the students' ages and grades, but she said she knew that all families had been notified. A spokesperson for the University City School District says the child fell asleep in the back seats of the bus.
    White House Says President Trump 'Doesn't Believe' Stormy Daniels Account of Affair

    White House Says President Trump 'Doesn't Believe' Stormy Daniels Account of Affair

    Two former employees of the magazine told CBS News that Trump's attorney, Michael Cohen, threatened to sue the publication. The letter was sent on Sunday evening to Michael Avenatti, the lawyer representing Ms Daniels, according to Reuters.
  • Scientists believe they've found a new organ

    Scientists believe they've found a new organ

    Every child is shown in college that the biggest human body organ does not exist within the body yet around it- the skin. It's the name being offered to the many small, fluid-filled voids within human cells that bury the whole body.
    Air New Zealand Calls For Tighter Drone Regulations

    Air New Zealand Calls For Tighter Drone Regulations

    New Zealand's Civil Aviation Authority stands behind the airline as it calls for new regulations and improved education. The drone came so close that the crew initially feared it would get sucked into the engine, said Air NZ.
    CA got it wrong with 12-month bans: Warne

    CA got it wrong with 12-month bans: Warne

    Sutherland, in apologising to Australian and South African cricket fans, added that Smith was "distraught, and certainly upset". Players at the hearing are permitted to call as many witnesses as they like and also to have legal representation.