• Sensex   39090.03   1,075.41  sensex_up_arr
  • Nifty   11600.20   326.00   sensex_up_arr
  • Bank Nifty   30566.20   5.47   sensex_up_arr
  • BSE Midcap   14554.46   3.08  sensex_up_arr
  • USDINR   70.98   -0.12   sensex_dwn_arr
logo
PRAVIN RATILAL SHARE
AND STOCK BROKERS LTD
Member :    NSE   |   BSE   |   DP : NSDL
Mid Session
Home >> Markets >> Equity >> News >> Mid Session Detailed News
Selling pressure continues unabated; Tata Motors slumps
(14:29, 21 Aug 2019)

The market further extended losses and hit fresh intraday low in mid-afternoon trade. At 14:24 IST, the barometer index, the S&P BSE Sensex, was down 188.7 points or 0.51% at 37,139.31. The Nifty 50 index was down 79.65 points or 0.72% at 10,937.05.

The broader market witnessed steep selling. The S&P BSE Mid-Cap index was down 1.09%. The S&P BSE Small-Cap index was down 1.26%. Both these indices underperformed the Sensex.

The market breadth was weak. On the BSE, 642 shares rose and 1699 shares fell. A total of 151 shares were unchanged.

Auto major Tata Motors slumped 9.65% to Rs 111.85. The stock hit an intraday low of Rs 109.55, which is also 52-week low for the counter. The stock tumbled 21% in last one month compared to 1.85% fall in BSE Sensex

Auto major Maruti Suzuki India fell 0.32% to Rs 6179.15. The company announced the launch of Maruti Suzuki Nexa XL6. The new Nexa XL6 is a 6-seater, multi purpose vehicle (MPV) which is also a BS VI compliant. The K15 engine of Nexa XL6 has a peak power of 77KW@6000rpm and maximum torque of 138Nm@4400rpm. The XL6 will be available in a 5-speed manual and 4-speed automatic transmission option at a starting price of Rs 9.79 lakh.

Shares of most public sector oil marketing companies (PSU OMCs) declined as Brent crude oil price gained. Indian Oil Corporation (down 2.01%), BPCL (down 1.75%) and HPCL (down 0.93%) edged lower.

In the commodities market, Brent crude for October 2019 settlement was up 36 cents at $60.39 a barrel. The contract rose 29 cents or 0.48% to settle at $60.03 a barrel in the previous trading session.

Pharma major Cadila Healthcare fell 1.18%. The firm reported that Zydus Cadila has received the final approval from the USFDA to market Ranolazine extended release tablets of 500 mg and 1000 mg. The drug is used to treat chronic angina along with other medicines that are used for heart problems and blood pressure control. The company further reported that the drug will be manufactured at company's formulations manufacturing facility at Baddi, Himachal Pradesh.

MCX Gold futures for 4 October 2019 settlement declined 0.37% at Rs 37,863.

In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 71.4150, compared with its close of 71.7100 during the previous trading session.

The yield on 10-year benchmark federal paper fell to 6.538% at 14:19 IST compared with 6.538% at close in the previous trading session.

Overseas, European stocks traded higher as investors await minutes from a meeting of the U.S. Federal Reserve. Italy's Prime Minister Giuseppe Conte resigned, kickstarting consultations between President Sergio Mattarella and party leaders in the hope of a solution to the political crisis.

Asian shares were mixed on Wednesday as fresh worries about a global recession led investors to dump risky assets, with US President Donald Trump showing no signs of backing down in his trade war with China.

Financial shares led US stocks lower on Tuesday to end a three-day rally as investors awaited comments from Federal Reserve Chair Jerome Powell at the end of the week.

Powered by Capital Market - Live News

Adani Ports & Special Economic Zone Ltd     410.95   Up   30.25 (7.95%)   Asian Paints Ltd     1,802.75   Up   131.75 (7.88%)   Axis Bank Ltd     725.50   Up   45.15 (6.64%)   Bajaj Auto Ltd     2,995.15   Up   65.90 (2.25%)   Bajaj Finance Ltd     4,023.75   Up   321.55 (8.69%)   Bajaj Finserv Ltd     8,297.75   Up   604.10 (7.85%)   Bharat Petroleum Corporation Ltd     450.85   Up   47.00 (11.64%)   Bharti Airtel Ltd     348.00   Down   -8.40 (-2.36%)   Bharti Infratel Ltd     263.80   Up   4.65 (1.79%)   Britannia Industries Ltd     3,053.65   Up   186.65 (6.51%)   Cipla Ltd     448.90   Down   -14.40 (-3.11%)   Coal India Ltd     202.70   Up   2.65 (1.32%)   Dr Reddys Laboratories Ltd     2,767.25   Down   -70.55 (-2.49%)   Eicher Motors Ltd     19,239.35   Up   1,379.15 (7.72%)   GAIL (India) Ltd     141.30   Up   6.60 (4.90%)   Grasim Industries Ltd     759.30   Up   8.35 (1.11%)   HCL Technologies Ltd     1,032.90   Down   -16.20 (-1.54%)   HDFC Bank Ltd     1,257.25   Up   57.65 (4.81%)   Hero Honda Motors Ltd     2,820.35   Down   -42.55 (-1.49%)   Hindalco Industries Ltd     200.00   Down   -2.15 (-1.06%)   Hindustan Unilever Ltd     2,039.75   Up   70.00 (3.55%)   Housing Development Finance Corporation Ltd     2,162.00   Up   112.70 (5.50%)   ICICI Bank Ltd     446.30   Up   28.80 (6.90%)   Indiabulls Housing Finance Ltd     437.70   Up   9.30 (2.17%)   Indian Oil Corporation Ltd     142.65   Up   10.10 (7.62%)   IndusInd Bank Ltd     1,511.55   Up   91.95 (6.48%)   Infosys Technologies Ltd     764.35   Down   -40.65 (-5.05%)   ITC Ltd     254.85   Up   16.80 (7.06%)   JSW Steel Ltd     243.70   Up   5.60 (2.35%)   Kotak Mahindra Bank Ltd     1,640.60   Up   101.75 (6.61%)   Larsen & Toubro Ltd     1,528.50   Up   117.00 (8.29%)   Mahindra & Mahindra Ltd     565.00   Down   -3.90 (-0.69%)   Maruti Suzuki India Ltd     6,897.85   Up   305.90 (4.64%)   NIFTY (S&P CNX)     11,600.20   Up   326.00 (2.89%)   NTPC Ltd     116.05   Down   -3.80 (-3.17%)   Oil & Natural Gas Corpn Ltd     136.30   Up   2.70 (2.02%)   Power Grid Corporation of India Ltd     188.30   Down   -7.90 (-4.03%)   Reliance Industries Ltd     1,239.20   Down   -15.15 (-1.21%)   State Bank of India     313.75   Up   12.05 (3.99%)   Sun Pharmaceuticals Industries Ltd     409.45   Down   -4.25 (-1.03%)   Tata Consultancy Services Ltd     2,015.80   Down   -49.65 (-2.40%)   Tata Motors Ltd     127.90   Down   -5.35 (-4.02%)   Tata Steel Ltd     377.35   Up   8.80 (2.39%)   Tech Mahindra Ltd     682.80   Down   -18.05 (-2.58%)   Titan Company Ltd     1,311.80   Up   48.25 (3.82%)   UltraTech Cement Ltd     4,391.10   Up   121.45 (2.84%)   UPL Ltd     580.85   Up   18.75 (3.34%)   Vedanta Ltd     157.90   Down   -1.05 (-0.66%)   Wipro Ltd     239.35   Down   -6.60 (-2.68%)   Yes Bank Ltd     55.45   Down   -0.05 (-0.09%)   Zee Entertainment Enterprises Ltd     271.60   Down   -29.80 (-9.89%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com

Want Us to Call You?