BEL.NSE

Bharat Electronics Ltd.

Mumbai: Stock markets closed lower for the second straight day Tuesday, with benchmark BSE Sensex declining by 436 points as investors booked profit ahead of the US Federal Reserve’s policy decision. The 30-share BSE Sensex dropped 436.41 points, or 0.51 per cent, to close at a nearly two-week low of 84,666.28. During the day, the barometer plunged by 719.73 points, or 0.84 per cent, to hit an intraday low of 84,382.96 as blue-chip private banks, oil and IT shares retreated. The 50-share NSE Nifty dropped by 120.90 points, or 0.47 per cent, to settle at 25,839.65. In the intraday session, it depreciated by 232.55 points, or 0.89 per cent, to hit a low of 25,728. Analysts said persistent foreign fund outflows and weak global cues weighed on the investor sentiment. Among the Sensex constituents, Asian Paints, Tech Mahindra, HCL Technologies, Tata Steel, Maruti Suzuki India, Sun Pharmaceuticals, Tata Consultancy Services, ICICI Bank, Bajaj Finance, UltraTech Cement, Mahindra & Mahindra and Tata Motors Passenger Vehicles were the laggards.

Mumbai: Equity benchmark indices Sensex and Nifty nosedived Monday after two consecutive days of gains, as investors rushed to take profits amid the unabated selling of stocks by foreign investors. Analysts said investors turned defensive ahead of this week’s US Federal Reserve policy decision, which further weakened the sentiment. The 30-share BSE Sensex plunged by 609.68 points, or 0.71 per cent, to close at 85,102.69. During the day, it plummeted by 836.78 points, or 0.97 per cent, to hit the intraday low of 84,875.59. Snapping a two-day gaining streak, the 50-share NSE Nifty declined by 225.90 points, or 0.86 per cent, to settle at 25,960.55. In the intraday session, it dropped 294.2 points, or 1.12 per cent, to hit a low of 25,892.25. Among the Sensex constituents, Bharat Electronics Ltd, Eternal, Trent, Tata Steel, Bajaj Finance, Adani Ports, Bajaj Finserv, State Bank of India, PowerGrid, Asian Paints, Tata Motors Passenger Vehicles, Titan, NTPC, Kotak Mahindra Bank, Larsen & Toubro and Bharti Airtel were among the laggards.

Indian equity markets closed lower on December 8, with both frontline indices slipping into negative territory. The Nifty ended the...

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