Sensex ends lower as HDFC, L&T stocks plunge

Sensex Nifty fall in early trade amid weak Asian markets

Indian markets are likely to start Monday's session on a flat note, with the SGX Nifty on the Singapore Exchange trading 9 points lower at 10,333.

The NSE Nifty50 rose by 12.80 points, or 0.12 per cent, to close at 10,321.75 points, while the BSE Sensex closed at 33,314.56 points - up 63.63 points or 0.19 per cent.

Market breadth was in the favour of gainers, with about 2 stocks advancing to every 1 stock that declined.

India's benchmark indices slipped after opening higher on Monday.

A weakening rupee, which depreciated by 35 paise to 65.51 against the dollar during the day on fears that the tax rate decision of the GST Council will have a revenue implication of Rs 20,000 crore annually, too dampened investor sentiment.

"Oil price worries kept energy shares such as Reliance Industries under pressure".

Vinod Nair, Head of Research, Geojit Financial Services, said: "Domestic investors turned cautious giving more weight to slow down in IIP to 3.8 per cent, geopolitical tensions in Middle East and continued advancement in crude prices".

All the sub-indices of the BSE ended in the red except the IT index, which closed up 19.80 points. The BSE Telecom index and Metal index tumbled 1.94 per cent and 1.84 per cent. Consumer Durables, Capital Goods and Realty also tanked 1.76 per cent, 1.55 per cent and 1.50 per cent, respectively.

Coal India retreated 3 per cent after the company reported lower profits for a sixth straight quarter.

Related News:

  • Rumor: OnePlus 5T To Keep OnePlus 5's Price Points In India

    Rumor: OnePlus 5T To Keep OnePlus 5's Price Points In India

    In terms of optics, the specifications of OnePlus 5T is similar to the features of OnePlus 5. And remember, November 21 is nearly surely the phone's global rollout date.

    The Deutsche Bank AG Reiterates "Buy" Rating for AstraZeneca plc (AZN)

    The Company focuses on discovery and development of products, which are then manufactured, marketed and sold. Astrazeneca PLC (NYSE: AZN ) last released its quarterly earnings results on Thursday, November 9th.

    John Oliver says Trump presidency is like being 'murdered by a sloth'

    Oliver started by addressing a recent tweet from President Trump , which Trump sent as he wrapped up a trip to Asia last week. Hit us up on Twitter, Facebook, or Instagram, or leave your comments below.
  • Here's why Chris Gayle went unpicked in the 2018 PSL Draft

    Here's why Chris Gayle went unpicked in the 2018 PSL Draft

    Hardus Viljoen , Umar Gul, Umar Siddiq and Ross Whiteley were Sultan's Supplementary category players. The player draft for the third edition of Pakistan Super League (PSL ) took place on Sunday.
    Sierra Nevada spacecraft completes first test flight in 4 years

    Sierra Nevada spacecraft completes first test flight in 4 years

    But a year ago , NASA awarded a second round of contracts , in order to cover cargo shipments to the ISS from 2019 through 2024. It's an important milestone in the Dream Chaser's development, as Sierra Nevada readies the plane for spaceflight.
    Stuttering England beat Argentina 21-8

    Stuttering England beat Argentina 21-8

    Argentina are a hard team, but I obviously didn't coach the team well enough, ' Jones said. Whilst we're upset that we didn't play well, we're also proud that we found a way to win.
  • Trump distances himself from Ed Gillespie after loss in Virginia governor's race

    Trump distances himself from Ed Gillespie after loss in Virginia governor's race

    And they beat Republicans by running as bold progressives, weaving their powerful personal stories into their campaign narratives. Essentially, Gillespie turned the Virginia gubernatorial race into a cultural war, much as Trump did with the 2016 election.
    National Treasury confirms Michael Sachs' resignation

    National Treasury confirms Michael Sachs' resignation

    Zuma's free-fee plan and speculation over Sachs' resignation has sparked a sell off in the rand during Monday's intra-day trade. It was reportedly designed by Morris Masutha , a friend of a daughter of Zuma and Nkosazana Dlamini-Zuma's.
    Microsoft Black Friday deals: Xbox One S available for lowest price yet

    Microsoft Black Friday deals: Xbox One S available for lowest price yet

    Microsoft today announced upcoming Black Friday deals and sales at the Microsoft Store and partnering retailers. More information will be available when Dell's Black Friday sales begin on November 15.
  • Putin and Erdogan will Discuss Syria

    Putin and Erdogan will Discuss Syria

    Erdogan said "intensive" meetings with Russian Federation , especially during the normalization process, will more boost bilateral ties.
    Bill Gates Commits $100 Million To Fight Alzheimer's

    Bill Gates Commits $100 Million To Fight Alzheimer's

    Therefore, he added it was very hard to guess when effective treatment might finally be developed. "I believe we can do the same (or better) with Alzheimer's".
    Three-Carrier Show of Force Sails Off Korean Peninsula

    Three-Carrier Show of Force Sails Off Korean Peninsula

    It marks the first time that the country's Navy has conducted a combined training with three USA aircraft carriers. The Reagan participated in the 2006 exercises, the Nimitz in 2007.


Most liked

Patrice Evra attracting lots of interest following Marseille sacking
He had played in just four of Marseille's Ligue 1 games this season before initially being suspended and then sacked for misconduct.

TMC MP Abhishek Banerjee serves legal notice to BJP leader Mukul Roy
Though Subhrangshu Roy disagreed with his father's joining the BJP and swore by Mamata Banerjee, he stayed away from the meeting. The notice stated that the remarks made by Roy in regard to "Biswa Bangla" and " Jago Bangla " are false.

Sony will sell a PlayStation 4 for $200 on Black Friday
Sony Interactive Entertainment America has unveiled its week-long Black Friday PlayStation 4 ( PS4 ) and other deals for 2017. For PlayStation 4, the standard slim 1TB system in Jet Black will be available at $199.99 United States dollars .

Grace rockets up the world rankings after Nedbank Challenge win
The 29-year-old became the first South African since Trevor Immelman in 2007 to win "Africa's major" at Sun City. Jamieson's tournament hopes were dealt a blow with his double bogey six on the eighth hole.

Investors Catching Stocks Wal-Mart Stores Inc. (WMT)
The stock has a market cap of $271,596.41, a price-to-earnings ratio of 20.85, a PEG ratio of 3.39 and a beta of 0.34. Along with these its last twelve month performance is stands at 27.36% while moved 19.18% for the past six months.

'For the future of Asia, humanity': PM Modi, President Trump bilateral meet
The move to set up the quadrilateral alliance comes in the backdrop of growing Chinese assertiveness in the South China Sea. Japan last month had indicated that it would propose a top-level dialog with the US, India and Australia.

Virat Kohli gains Aamir Khan's praise for supporting young sportsmen
Even soon to be married couple Zaheer Khan and Sagarika Ghatge graced the event with their presence and attracted the attention. When a smashing batsman of the cricketing world met a gorgeous woman of Bollywood, we got "Virushka".

JP Morgan Chase & Co Downgrades Teva Pharmaceutical Industries Limited (TEVA) to Underweight
Kistler Tiffany Companies LLC lifted its position in shares of Teva Pharmaceutical Industries Limited by 74.7% in the 2nd quarter. The stock of Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) earned "Hold" rating by Cantor Fitzgerald on Thursday, June 22.

India's October retail inflation rises to 3.5%
Similarly, prices of pulses fell -23 percent, as compared with (-) 22.51 percent in September. India's retail inflation witnessed a marginal rise of 3.58 per cent for the month of October.

Trump's warning to North Korea: 'Do not try us'
President Donald Trump's speech at the National Assembly on Wednesday, saying the address portrayed South Korea's modern history in the " most beautiful" way ever.

South Africa's Vodacom half-year earnings inch up 1 percent
Prepaid customers increased by 2.8m to 34.8m, up 13.4%, driven by its "Just 4 You" offers and "customer segmentation". Vodacom invested R3.9bn in its network and IT systems in South Africa in the six-month period.

One last chance for Italy to qualify for Football World Cup
Gian Piero Ventura will surely need to make some modifications to his lineup after such a poor performance in Stockholm. We can't be surprised to have got to this point.

Colin Kaepernick is 'citizen of the year — GQ
He is now suing the NFL and its owners alleging that they are colluding to keep him out of the league because of his stances. Colin Kaepernick has been in the sports, and national headlines for over a year now.

Official Trailer of Fukrey Returns assures extra dose of laughter
The gang of Fukreys - Hunny, Choocha, Lali and Zafar are back to lock horns with Bholi Punjaban , who is back from the jail. Fukrey Returns was earlier supposed to hit the theatres on December 8, but has a new release date now - December 15.

European Union takes step towards closer defence cooperation
He said Europe spends 50 percent as much as the United States on defense yet only has 15 percent of its military efficiency. The notification letter said PESCO "shall be consistent with commitments" under North Atlantic Treaty Organisation .