Sensex slips 267 pts to close at 29,858, Nifty50 retreats from record level, closes below 9,300

 BT Online   New Delhi     Last Updated: May 5, 2017  | 16:07 IST
Sensex slips 267 pts to close at 29,858, Nifty50 retreats from record level, closes below 9,300

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4.00 pm:

Sensex tanks 267.41 points to close at 29,858.80; Nifty retreats from record, falls 74.60 points to 9,285.30.

12.40 pm:

Sensex further dips in the red. Plunges over 216.43 points (0.72%) at 29,909.78.

Nifty50 was trading at 9,302.20, down 57.70 points (0.62%)

Tata Motors led the downfall, tanking 3.7 per cent on the BSE.

On the NSE index Hindalco was still the top loser.

10.25 am:

Asian Paints, Coal India and Adani Ports lead the BSE index gains.

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10.12 am:

Aviation stocks seen buzzing in trade on the back of crude oil price drop to 5-month low of $45.

Spice Jet rises 7.07 per cent, Jet Airways is up 5.06 per cent while Intergloble Aviation is up 3.32 per cent on the BSE.

9.23 am:

Markets slips on opening tick. Sensex trades at 30,009.61, plunging 116.60 points (0.39%).

Nifty50 trades at 9,330.95, down 28.95 points (0.31%).

9.19 am:

News: President Pranab Mukherjee signed the NPA ordinance last night.

9.17 am:

Midcaps index is absoltuely flat.

Jet Airways and Interglobe Aviation are trading up over dip in crude prices.

9.16 am:

Three PSU Banks are trading in the red except for State Bank of India.

9.15 am:

Markets hit a quarter percent down in the red at the strike of the bell.

Early morning investor positivity has reversed with Indian bourses ticking in the red.

9.14 am:

Crude oil has fallen to a fresh low of $43 dollars, reports CNBC TV 18.

Aviation stocks can come under focus.