Banks Nosedive

Mar 09, 2015 at 14:00 | Source:
Sesa Sterlite, Hindalco, GAIL, ICICI Bank and Axis Bank were among laggards. HUL gained over 3 percent while Dr Reddy's Labs, Sun Pharma and Maruti were top gainers in the Sensex.
Aug 26, 2014 at 11:00 | Source:
Public sector lenders declined on concerns of asset quality due to their exposure to the coal mines deemed illegal by the Supreme Court. Credit Suisse said State Bank of India, Power Finance Corporation and Rural Electrification Corporation appear to have the highest exposure to these coal mines.
Mar 18, 2013 at 11:19 | Source:
No substantial recovery was seen in the market as Cyprus jitters continue to unnerve investors. The Sensex lost 155.09 points at 19272.47, while Nifty fell 43.75 points or at 5828.85.
Feb 28, 2013 at 16:04 | Source:
Equity indices crashed to fresh three-month lows Thursday, after the final Budget of UPA-II fell way short of market expectations. Brokers said the sell-off could have been aggravated because of derivatives expiry, and the liquidity problems being faced by some corporates and traders.
Dec 11, 2012 at 15:57 | Source:
Key equity benchmarks close slightly down, but way off the intra-day highs which saw the Sensex touching levels last seen 20 months and 23 months ago, respectively.
May 16, 2012 at 09:51 | Source:
The BSE Sensex extended losses, falling close to 300 points due to consistent downtrend across the board. Asian markets too slipped further following political tensions in Greece, wherein re-election will take place around mid-June.
Mar 15, 2012 at 13:53 | Source:
The BSE Sensex continued to trade with 250 points loss, pulled down by oil & gas, banks & financials, capital goods and realty stocks.
Jan 30, 2012 at 14:01 | Source:
The market maintained its downtrend, though it cut some losses led by slight recovery in index heavyweight Reliance Industries that fell 1.2%. Banks, capital goods, FMCG, metals and technology (barring TCS) stocks; Bharti Airtel remained in bears' grip, falling 4%.
Jan 23, 2012 at 11:45 | Source:
The market was flat amid choppy trade since the early trade. Reliance, L&T and metals stocks continued to weigh down the market while banks, FMCG, technology and power stocks played a supportive role today. The Sensex dropped 19 points to 16,720.08 and the Nifty slipped 7 points to 5,041.35.
Nov 22, 2011 at 14:42 | Source: CNBC-TV18
In an interview to CNBC-TV18, talking about the nose-dive in the Indian currency, experts Anant Narayan of Standard Chartered Bank and Sajjid Chinoy of JPMorgan suggest that despite the volatility being global, in the short term, it is only the central bank that can intervene and arrest the free fall.
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