You are here: Home » Markets » News

Tata Motors, Force Motors, BEML hit fresh 52-week lows

Indian crypto exchanges go slow on Bitcoin, raise bets on other currencies

Sensex ends 509 pts lower, Nifty slips over 1%; Nifty Metal index down 2%

Catch all live market action here

SI Reporter | New Delhi Last Updated at March 16, 2018 15:41 IST

MARKETS LIVE: Key things to watch out for before the opening bell

The market ended lower amid political upheaval after the Telugu Desam Party (TDP) formally decided to quit the NDA government.

The S&P BSE Sensex ended at 33,176, down 510 points while the broader Nifty50 index settled at 10,195, down 165 points.

The Telugu Desam Party (TDP) on Friday formally decided to quit the NDA, days after two of its ministers quit the Narendra Modi government protesting for Special Category Status to Andhra Pradesh. The party will also move a no-confidence motion against the Modi government over the injustice meted out to the state, an official communique said.

The YSR Congress Party on Thursday moved a no-confidence motion in the Lok Sabha against the Narendra Modi government. The no-confidence motion can be accepted only if it has the support of at least 50 members in the House.

Among sectors, metal companies were under pressure falling by over 2% on the NSE on fears that the tariffs could disrupt growth. SAIL, Vendanta, Hind Copper were trading lower in the range of 3% to 5% on the NSE.

Globally, Asian stocks slid as reports of more chaos in the Trump administration tested investors’ nerves, already frayed by fears that US tariffs could hurt the global economy.

ALSO READ
Indices end flat, Nifty settles at 10,227 levels; PSU banks, metals lose Sensex ends 330 pts higher, Nifty above 10,550; IT, pharma, realty gain Sensex ends over 600 points higher, Nifty above 10,400 mark on global cues Nifty ends below 10,500, Sensex down nearly 300 pts; PSU bank index dips 2% Sensex, Nifty end lower after choppy trade; PSU banks continue to slide

Top 5 losers in Nifty Metal COMPANY LATEST PREV CLOSE LOSS() LOSS(%) VOLUME COAL INDIA 278.90 295.50 -16.60 -5.62 10203316 WELSPUN CORP 149.90 158.65 -8.75 -5.52 359496 HIND.COPPER 71.65 74.15 -2.50 -3.37 5829253 S A I L 72.80 75.30 -2.50 -3.32 11121078 MOIL 200.00 204.55 -4.55 -2.22 292548 Sectoral Trend BSE Sensex: M&M is top gainer for the day, while Tata Motors is the top loser Market at close The S&P BSE Sensex ended at 33,176, down 510 points while the broader Nifty50 index settled at 10,195, down 165 points. Tata Motors, Force Motors, BEML hit fresh 52-week lows Shares of Tata Motors, Tata Motors DVR, Force Motors, BEML, ICRA, Great Eastern Shipping Company and Max Financial Services were among nine stocks from the S&P BSE 500 index hitting their respective fresh 52-week lows in noon deal on the BSE. READ MORE Nifty Metal index slips 2.5%. Coal India, Sail among top losers COMPANY LATEST PREV CLOSE LOSS() LOSS(%) VOLUME COAL INDIA 277.95 295.50 -17.55 -5.94 7141900 WELSPUN CORP 153.70 158.65 -4.95 -3.12 249078 S A I L 73.10 75.30 -2.20 -2.92 9562551 HIND.COPPER 72.10 74.15 -2.05 -2.76 5485531 MOIL 199.90 204.55 -4.65 -2.27 244409

(With inputs from Reuters)

CATCH ALL THE LIVE UPDATES

First Published: Fri, March 16 2018. 15:31 IST

Message:	Recipients' Email:	Type address separated by commas
Your Email:		Enter the characters shown in the image.
Send me a copy:

Tata Motors, Force Motors, BEML hit fresh 52-week lows

Indian crypto exchanges go slow on Bitcoin, raise bets on other currencies

Sensex ends 509 pts lower, Nifty slips over 1%; Nifty Metal index down 2%

Catch all live market action here

ALSO READ

CATCH ALL THE LIVE UPDATES

RECOMMENDED FOR YOU