Sensex tanks 216 points; Nifty below 10000

The NSE Nifty50, which closed above the psychologically important 10,000-point mark for the first time on July 26, slipped to below that level by the day's close.

The broader markets underperformed benchmarks as the BSE Midcap and Smallcap indices fell 1.7 percent each as investors were still reportedly unwinding their leveraged positions.

The 50-share Nifty opened lower 9,961.15 and moved in a range of 9,969.80 and 9,893.05 before concluding at 9,908.05 a drop of 70.50 points, or 0.71 per cent, from its last close.

In Asian markets, Japan's Nikkei fell 1.28 per cent, while Hong Kong's Hang Seng shed 0.66 per cent in early trade on Wednesday (9 August).

Australia airport securitys stay heighted over terror plot
Similar lines have been experienced at Melbourne Airport , with authorities warning that the delays will continue. Australia's PM said on Sunday: "The threat of terrorism is very real".

The Sensex touched a high of 32,354.77 points and a low of 31,915.20 points during the intra-day trade.

Sentiment remained upbeat in early trade on positive Asian cues and a higher opening in the European shares after strong U.S. jobs numbers.

Market breadth was in the favour of losers, with about 2 stocks declining to every 1 stock that advanced.

Meanwhile, domestic institutional investors (DIIs) bought shares worth a net Rs 1,017.10 crore on Friday, while foreign portfolio investors (FPIs) sold stocks to the tune of Rs 853.80 crore, as per provisional data released by the stock exchanges.

Etihad Airways 'assisting' Australia with plane probe — BBCI
Another official quoted by Reuters noted that the plan was "fairly well along" by the time the Australian police raids took place. Australian authorities have said they thwarted a credible terrorist plot to down an airplane by smuggling a device onboard.

The 30-share barometer has lost 527.57 points in three sessions.

The Indian rupee weakened against the USA dollar, tracking mixed Asian currencies market. Unwinding of leveraged positions in midcaps and smallcaps also hit market sentiment.

All the 19 sub-indices on the BSE ended in the red. Nifty Bank was down 0.5 per cent as Yes Bank, ICICI Bank, Bank of Baroda and Axis Bank were under pressure.

Major Sensex gainers on Wednesday were: NTPC, up 1.25 per cent at Rs 173.55; ONGC, up 0.98 per cent at Rs 165.55; Asian Paints, up 0.84 per cent at Rs 1,155.25; HDFC, up 0.63 per cent at Rs 1,731.45; and Infosys, up 0.50 per cent at Rs 969.45.

How Much Do Hospital Rankings Matter?
Penn Medicine Chester County Hospital ranked eighth statewide, recognized as high-performing in four procedures or conditions. News has ranked National Jewish Health together with its academic affiliate the University of Colorado Hospital .

(Copyright © 2015. All Rights Reserved.)
 
Recommended

Aldi stops selling eggs in Germany over food safety scare
This afternoon, the agency announced: "The Food Standards Agency is committed to making sure that food is safe". The poultry was then sold to about 180 Dutch farms, which have all had their egg sales stopped temporarily.

Republican senators introduce bill sharply limiting legal immigration
Sonny Perdue of Georgia will be appearing alongside President Trump at the White House later this morning for an announcement. Any changes along the lines of the proposed bill would require support from moderate Republican senators such as Sens.

Education Funding Bill Now on Governor's Desk
Brady said he finds it hard to believe Democrats will continue to play political games even as Rauner makes changes to the bill. Rauner's office declined to comment about what action the governor would take until he officially received the bill.

Dolores Park Shooting in San Francisco Injures 3
Juhasz said many parents and children did not react fast enough to the danger because they thought the gunshots were fireworks. Hatter , a witness who goes by that name, told the SF Gate that he saw some park regulars confront the group of men.

Police shoot Philippines mayor linked to drugs
Last year, police officers shot dead Albuera Mayor Rolando Espinosa Sr. inside a jail cell in the central province of Leyte. Parojinog is the third mayor to be killed the drug crackdown and the first to be killed during a drug raid.

Prince William And Kate Middleton Attend Battle Of Passchendaele Commemoration
It's 100 years since the start of the Battle of Passchendaele , one of the most brutal conflicts of the first world war . A dawn cannon salute in western Belgium has marked the start of one of World War I's bloodiest battles 100 years ago.

Amy Schumer to Make Her Broadway Debut in Steve Martin's New Play
Jerry Zaks will be directing " Meteor Shower's " debut on Broadway and previews begin on November 1. Martin was last represented on Broadway with his bluegrass-driven musical " Bright Star ".

Samsung Galaxy Note 8 battery images leak; reveals 3300 mAh
This means this year's Galaxy Note 8 and 2018's Galaxy S9 will have the fingerprint scanner at the back of the phone. A press image of the Samsung Galaxy Note 8 has leaked online courtesy of preeminent mobile leakster Evan Blass .

Three dead in shootout at Moscow court
The group got its name after the violent computer game, as it was accused of murdering drivers on roads near the Russian capital. More than 20 gunshots were fired at a court in the Moscow region in Russian Federation on Tuesday, injuring several people.

President Trump, officials to discuss opioid epidemic Tuesday
Mr Price was repeatedly asked why the President is not declaring a national emergency, as his opioid commission recommended last week.

US Defense Secretary issues stark warning to North Korea
Mattis' statements on Wednesday added to the increasingly heated rhetoric between North Korea and the United States. Trump's remarks came amid reports that North Korea was nearing to obtain an atomic weapon that can strike the US.

No link between raids and polls: Jaitley
The senior Congress leader Ahmed Patel is trying for his fifth re-election to the Upper House of Parliament from Gujarat. The BJP has fielded party president Amit Shah, Union Minister Smriti Irani and Balwantsinh Rajput against Ahmed Patel.

More IT raids underway at locations connected with Karnataka Min. Shivakumar
The IT department has maintained that the search had "no concern" with the MLAs and that only the Minister's room was searched. No search or tax officers are at the resort. "He has been taken to his residence and questioned there", Jaitley said.

China prez oversees army parade in show off might
This month, an online news portal run by the PLA said the present force of 2.3 million will be whittled down to below 1 million. As part of the commemorations to mark the anniversary, the Chinese President also reviewed the armed forces in the field.

Disgraced pharma CEO Martin Shkreli convicted of fraud
Shkreli, 34, was acquitted on the other five counts related to hedge funds that he ran to a drug company he created, Retrophin . Prosecutors charged Shkreli with eight counts of fraud for a Ponzi-like scheme, and the case kicked off at the end of June.


More News

News
More News