Mumbai: BSE Sensex reeled for the second day as the Sensex on Wednesday logged a fall of 64 points to end at 30,302, with no let-up in selling by foreign investors amid profit- booking at higher levels amid mixed global cues. May derivatives contracts are set to expire on Thursday, which also held back investors. The 30-share Sensex settled the session lower by 63.61 points, or 0.21%, at 30,301.64. The barometer had lost 205.72 points in the previous session after investors took profit amid volatile global cues in the aftermath of a terror attack in the UK.
The 50-share NSE Nifty regained the key 9,400-mark to touch a high of 9,431.90, but failed to hold on to the crucial level and settled down 25.60 points, or 0.27 per cent, to end at 9,360.55. Sentiment remained volatile after the Indian Army carried out fire assaults on Pakistan posts across the Line of Control (LoC), traders said
Also Read: RCom shares fall nearly 22% in 10 sessions on negative rating of overseas bond
3.30pm: BSE Sensex closed lower by 64 points, or 0.21%, to 30,302, while the Nifty 50 fell 26 points, or 0.27%, to 9,361.
3.05pm: BSE Sensex trades lower by 75 points, or 0.25%, to 30,290, while the Nifty 50 falls 29 points, or 0.30%, to 9,358.
2.47pm: BSE Sensex trades lower by 102 points, or 0.34%, to 30,263, while the Nifty 50 falls 42 points, or 0.44%, to 9,344.
1.55pm: BSE Sensex trades lower by 8 points, or 0.03%, to 30,357, while the Nifty 50 falls 8 points, or 0.09%, to 9,378.
1.30pm: BSE Sensex trades lower by 59 points, or 0.19%, to 30,307, while the Nifty 50 falls 32 points, or 0.34%, to 9,354.
12.45pm: BSE Sensex trades higher by 46 points, or 0.15%, to 30,412, while the Nifty 50 rises 8 points, or 0.08%, to 9,394.
11.44am: BSE Sensex trades higher by 106 points, or 0.35%, to 30,471, while the Nifty 50 rises 31 points, or 0.33%, to 9,417.
10.16am: BSE Sensex trades higher by 109 points, or 0.36%, to 30,475, while the Nifty 50 rises 26 points, or 0.27%, to 9,412.
9.50am: Max Financial Services Ltd shares fall 4.2% to Rs595.65. According to news reports, attorney general Mukul Rohatgi has returned the HDFC-Max Life merger proposal back to the Insurance Regulatory and Development Authority of India (IRDAI) without giving any opinion. The insurance regulator had sought the AG’s opinion for legal validity of the proposal.
9.45am: NCC Ltd shares fall 7% to Rs84.70 after the company said its net profit for the quarter fell 26.11% in the March quarter to Rs63.71 crore against Rs86.22 crore a year ago.
9.40am: Banking stocks trade lower. IDBI Bank shares fall 3.6%, Union Bank of India 3%, Syndicate Bank 2.4%, Bank of India 2.1%, Allahabad Bank 2%, Bank of Baroda 1.6%, Andhra Bank 1.2%, Oriental Bank of Commerce 1.2%, Canara Bank 1.1% and State Bank of India shares were down 0.8%.
9.35am: Jindal Steel & Power Ltd rose 2% to Rs110.05.
9.30am: BSE Sensex trades higher by 94 points, or 0.31%, to 30,459, while the Nifty 50 rises 22 points, or 0.24%, to 9,408.
9.28am: IDBI Bank Ltd shares fall 3.1% to Rs63.35 after the rating company Icra downgraded the lender’s outstanding debt worth Rs25,924 crore, including the so-called additional tier-1 (AT-1) bonds, citing its weak capital position.
9.25am: Tata Motors Ltd shares rise 4.2% to Rs469. Tata Motors reported a 125% sequential jump in earnings before interest, tax, depreciation and amortisation (Ebitda) to Rs10,846 crore. The bulk of the rise in profits came from Jaguar Land Rover (JLR). Earnings before interest and tax (Ebit) of the UK subsidiary rose 156% sequentially to Rs5,930.3 crore.
9.22am: Voltas Ltd shares rise 7% to Rs436.65 after the company said its net profit for the March quarter rose 22% from a year ago to Rs200 crore.
9.20am: Videocon Industries hits lower circuit for the third straight session on the concerns that the company is unlikely to pay its debt after Dena Bank and Punjab National Bank turned its loan in to the non performing assets (NPAs). The stock fell 10% to Rs58.35.
9.17 am: The 10-year bond yield was trading at 6.676% compared to its previous close of 6.675%. Bond yields and prices move in opposite directions.
9.15am: The rupee opened at 64.91 a dollar. At 9.15am, the rupee was trading at 64.87, up 0.01% from its previous close of 64.89.
9.10am: Asian currencies were trading lower. Philippines peso was down 0.24%, Malaysian ringgit 0.19%, South Korean won 0.16%, Indonesian rupiah 0.12%, China renminbi 0.12%, Taiwan dollar 0.1%, Japanese yen 0.1%, Thai baht 0.09% and China offshore 0.07%.
9.00am: Major indices in Asia opened higher on Wednesday as investors looked ahead to US Federal Reserve views on interest rate hike prospects and await an upcoming OPEC meeting widely expected to extend production cuts for nine months to March 2018.
With inputs from PTI