Sensex tanks 188 points to end below 35k-mark

Sensex tanks 188 points to end below 35k-mark

At 1.30 p.m., the broader Nifty50 of the National Stock Exchange (NSE) traded at 10,762.60 points - up 23.25 points or 0.22 per cent - from the previous close of 10,739.35 points. According to market analysts, heavy selling pressure was witnessed in the automobile, healthcare and metal stocks. It closed at 35,160.36 points - up 190.66 points or 0.55 per cent - from its previous session's close.

Shares of InterGlobe Aviation, after slumping almost 20 per cent in early deals, clawed back some lost ground to end 10.57 per cent lower after the company yesterday reported a 73 per cent plunge in profit for the March quarter.

The BSE 30-share barometer opened higher at 35,144.96 and advanced to 35,206.55 in morning trade on value-buying in recently battered stocks.

Market breadth was negative with 882 advances against 853 declines.

"Rupee weakened as positive US employment data might lead to (US) Feds monetary tightening".

According to Vinod Nair, Head of Research, Geojit Financial Services: "The global market is trading weak as United States starts trade talk with China while any escalation of trade war will dampen investor's sentiment".

Tom Dumoulin wins Stage 1 time trial taking the pink jersey
Chris Froome (Team Sky) could only finish 21, 37s adrift, having crashed heavily earlier in the day during a recon ride. His shorts were ripped around the hip and his jersey was ripped near his shoulder blade.

Watch as Jane Krakowski Sings in New Promo for UNBREAKABLE KIMMY SCHMIDT!
The first six episodes of season four are set to drop on May 30 , with the remaining seven episodes releasing later this year. It's a similar idea to what Netflix is already doing with their cancelled cult sci-fi series Sense8 .

Cops catch man suspected of defecating daily on high school football field
They said the resource officer and school staff "monitored the area and was able to identify a subject responsible for the acts". A high school superintendent in New Jersey is in trouble after being caught defecating on another high school's football field.

On the currency front, the Indian rupee weakened by 22 paise to 66.87 against the USA dollar from its previous close at 66.65 per greenback.

Shanghai Composite Index too fell 0.16 per cent.The US Dow Jones Industrial Average ended 0.27 per cent lower in yesterday's trade. The gauge lost 73.28 points in the previous session.

Airtel (+2.5%), Indiabulls HF (+1%), HUL (+0.96%), Yes Bank (+0.59%) and Dr.Reddy's (+0.58%) were the top gainers on Nifty50.

Sun Pharma, Yes Bank, Bajaj Auto and ITC were among the major losers on Sensex with their stocks ending as much as 2.95 per cent lower.

Meanwhile, on a net basis, foreign institutional investors (FIIs) sold shares worth Rs 525.93 crore, while DIIs bought shares to the tune of Rs 165.84 crore in Wednesday's trade, provisional data showed.

Related Articles

  • Shooting at Nashville mall leaves 1 victim critically injured; suspect in custody

    Shooting at Nashville mall leaves 1 victim critically injured; suspect in custody

    At least one person was killed in a mall shooting in the U.S. state of Tennessee, prompting the evacuation of the entire building. Authorities say a dispute between two males apparently led to Thursday's capturing, leaving one among them critically wounded.
    HSBC Hammered as Investors Ignore Buyback to Focus on Expenses

    HSBC Hammered as Investors Ignore Buyback to Focus on Expenses

    Europe's biggest bank by assets, which earns most of its profits in Asia, has long struggled to hit its cost control targets. It follows $5.5 billion worth of share repurchases HSBC has carried out in the previous two years.
    Southwest Plane Didn't Lose Cabin Pressure

    Southwest Plane Didn't Lose Cabin Pressure

    According to a report published on the website DansDeals, an unidentified passenger aboard the plane tweeted the above image. The FAA later ordered inspections of more jet engines like the one that blew apart at 32,000 feet on that Boeing 737 jet.
  • Touré wants English club after City exit this summer

    Touré wants English club after City exit this summer

    He moved to City from Barcelona before it was a well-trodden path and he has since illuminated the Etihad and the Premier League. We can not forget the period from Roberto Mancini, and especially Manuel Pellegrini.
    Annual postal food drive is May 12

    Annual postal food drive is May 12

    Letter carriers see these struggles in the communities they serve, and believe that it is important to do what they can to help. It's easy to make a donation: "simply leave a bag of nonperishable food items by the mailbox to help your neighbors in need".
    Amazon offers to buy 60 percent in Flipkart

    Amazon offers to buy 60 percent in Flipkart

    With India seen as the next bastion of growth for e-commerce Amazon and Walmart have been picking up their efforts in the country. Like Walmart , Amazon has been trying to expand in the Indian market where online shopping is starting to increase rapidly.
  • One day cricket move disappointing: SA gov

    One day cricket move disappointing: SA gov

    Previous year they got the better of England in the inaugural day-night Ashes Test at the Adelaide Oval. The newly built Perth Stadium will make its debut as a Test venue when it hosts the second Test.
    Donald Trump delays steel, aluminium tariffs for 30 days

    Donald Trump delays steel, aluminium tariffs for 30 days

    Tariffs on imports from six other countries - Canada , Mexico , Australia , Argentina, Brazil, South Korea - were also suspended until May 1.
    Trump says lawyers have advised him against Mueller talks

    Trump says lawyers have advised him against Mueller talks

    Trump and the public that the Mueller investigation would end quickly - first by Thanksgiving, then by the start of the new year. In a second tweet, Trump said: "It would seem very hard to obstruct justice for a crime that never happened".
  • Meghan Markle's father will attend the royal wedding

    Meghan Markle's father will attend the royal wedding

    Markle Jr., who himself hasn't seen Meghan since 2011, has previously accused her of wanting to be the next Princess Diana . Chopra said she's never met Prince Harry , hasn't gotten the couple a wedding gift yet and is attracted to redheads.
    Trump Assures Reporters He'll Make Giuliani a Better Liar

    Trump Assures Reporters He'll Make Giuliani a Better Liar

    He said the probe by Mueller is a "pure witch hunt" and that a group of "angry Democrats" are on Mueller's team. He added that "virtually everything said has been said incorrectly" about the payment to Daniels.
    Tim Allen's Last Man Standing May Get Revived at Fox

    Tim Allen's Last Man Standing May Get Revived at Fox

    Allen's tweet may be premature, as a source close to production told Fox News rumors of the show's return are highly "speculative".