April 16, 2024 18:08 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Delhi excise policy case: Arvind Kejriwal to remain in jail as Supreme Court turns down urgent hearing | Excise policy case: Delhi court extends BRS leader K Kavitha's judicial custody to April 23 | 'What else is Congress doing other than looting?': Kangana Ranaut in Himachal Pradesh | Iran could attack Israel sooner than later, warns US President Joe Biden | Amid unemployment, inflation issues, PM Modi's leadership likely to help his third consecutive term at govt: Survey
Indian benchmark indices stumble on Wednesday

Indian benchmark indices stumble on Wednesday

India Blooms News Service | | 19 Oct 2016, 05:21 pm
Mumbai, Oct 19 (IBNS): The Indian market ended Wednesday on negative note largely due to weak global cues and profit booking in key stocks, especially in the banking, auto and FMCG sectors, according to media reports.

BSE Sensex was down 66.51 points at 27984.37 and NSE Nifty was down 18.80 points at 8659.10.

ITC, ICICI Bank and HDFC were some of the key stocks that saw heavy profit booking.

Some of the other stocks that declined were Hero MotoCorp, Tata Motors, Eicher Motors, Maruti Suzuki, Hindustan Unilever, Zee Entertainment, Aurobindo Pharma, State Bank of India and TCS.

Key gainers on Wednesday included BHEL, Tata Power, Wipro, Lupin, GAIL India, Adani Ports, Power Grid, ONGC and NTPC.

The market is eagerly awaiting the final outcome of the three-day meeting of the Goods and Services Tax (GST) Council, which is being led by the Union Finance Minister Arun Jaitley and began on Tuesday.

 

Image: Wikimedia Commons


 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.