The BSE Sensex and NSE Nifty opened on a weak note following mixed global cues. Amtek Auto shares plunged over 10 per cent in early trade.(Photo: PTI)
11.37 am: Sensex was down 489 points at 25,274. FIIs were net sellers in the cash market segment on 3 September 2015, Wednesday sold shares worth Rs 1,525.14 crore.
10.59 am: The barometer index, the S&P BSE Sensex was down 544 points or 2.11 per cent at 25,232. The 50-unit CNX Nifty was off 161.75 points or 2.07 per cent at 7,661.25.
Rohit Gadia, founder and chief executive officer, CapitalVia Global Research on the current market fall said, “We are expecting further sell off in the market due to continuous selling from FII’s and negative global sentiments, leading to a downside movement. Technically Nifty can test the levels of 7,450 and if this level is breached the next level for Nifty can be 7,000. For new investors, we will suggest to stay away from market for time being till slight recovery is seen. For existing investors we will suggest wait for further correction of 4-5 per cent and post that add positions from those levels.”
10.14 am: Sensex was down 494 points at 25,270. Brokers said besides profit-booking by speculators and sustained capital outflows by foreign funds, a weak trend on other Asian bourses with investors awaiting a key US jobs report influenced sentiments here.
9.54 am: The BSE Midcap index was down 201.23 points or 1.91 per cent at 10,358.98. The decline in the index was higher than Sensex’s decline in percentage terms. The BSE Smallcap index was down over 2 per cent at 10,620.
9.46 am: Sensex was down 481.66 points at 25,283. Nifty was down 154.15 points at 7,668.85.
9.41 am: Sensex was down over 500 points. Nifty hits fresh 52-week low. Lupin edged higher after the company’s US subsidiary launched a generic antidepressant medicine in the United States.
9.35 am: Sensex slid 352 points at 25,412 while Nifty was down 114.65 points at 7,708.35. Cipla, Zeel, Lupin, BPCL and Wipro were among the top gainer in the 50-share Nifty index.
9.31 am: Nifty was down 72.35 points at 7,750.65. National Buildings Construction Corporation (NBCC) announced on Thursday (post market hours), that it secured total business amounting Rs 386.78 crore from various clients in the month of August 2015. NBCC was trading 1.05 per cent higher at Rs 999.85.
9.24 am: Sensex was down 255 points at 25,509.61. Amtek Auto was down over 10 per cent at Rs 28.30.
Domestic equity markets opened on a flat note on Friday. The BSE Sensex opened 7.8 points higher at 25772.58 while NSE Nifty opened 19.6 points down at 7,803.40.
On Thursday, the BSE Sensex and NSE Nifty snapped three-day losing streak and rose 1.22 per cent and 1.37 per cent at 25764.78 and 7,823, respectively.
Global Markets
New York: US stocks ended slightly higher on Thursday as investors, on edge after recent turmoil in China’s markets, looked toward a key US jobs report that may figure in the Federal Reserve’s decision about when to lift interest rates.
London: UK shares had their biggest one-day gain in a week on Thursday, boosted by a commitment from ECB chief Mario Draghi to boost the central bank’s asset-purchase programme if needed to offset the effects of a riskier economic backdrop.
Tokyo: Japanese stocks fell in choppy trade on Friday morning after a bounce in the yen against the euro and dollar hurt exporters and other index-heavyweights.
Hong Kong: The Hang Seng Index was down 0.15 per cent.
(With inputs from agencies)
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