Choppy Nifty trades lower; Bharti dives, ACC, Ambuja spike

Indian shares continued to trade marginally lower, weighed down by private banking, technology, capital goods and telecom stocks. European markets were down in early trade on concerns over Spain bailout and even riots over austerity added fuel to the fire.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Masteryourmoney Earnings
moneycontrol.com

Home » News » Markets » Local Markets

Sep 26, 2012, 01.06 PM | Source: Moneycontrol.com

Choppy Nifty trades lower; Bharti dives, ACC, Ambuja spike

Indian shares continued to trade marginally lower, weighed down by private banking, technology, capital goods and telecom stocks. European markets were down in early trade on concerns over Spain bailout and even riots over austerity added fuel to the fire.

Like this story, share it with millions of investors on M3

Choppy Nifty trades lower; Bharti dives, ACC, Ambuja spike

Indian shares continued to trade marginally lower, weighed down by private banking, technology, capital goods and telecom stocks. European markets were down in early trade on concerns over Spain bailout and even riots over austerity added fuel to the fire.

Post Your Comments

Share Cancel

12:41
Indian shares continued to trade marginally lower, weighed down by private banking, technology, capital goods and telecom stocks. European markets were down in early trade on concerns over Spain bailout and even riots over austerity added fuel to the fire. Britain's FTSE dropped 0.75 percent and Germany's DAX declined nearly 1 percent while France's CAC was down 1.26%.

The BSE benchmark fell 61.26 points to 18633.15 and the NSE benchmark was down 13 points to 5,661.25.

Cement stocks outperformed other largecaps; ACC rallied 3.48 percent and Ambuja Cements gained 2.64 percent.

Drug producer Cipla surged 2.5 percent while its rival Ranbaxy Labs was up 1.2 percent.

Cigarette major ITC, private sector lender Axis Bank and state-owned gas transportation services provider GAIL rose 1 percent each.

Index heavyweight Reliance Industries went up 0.5 percent and FMCG major Hindustan Unilever moved up 0.64 percent.

Country's largest telecom operator Bharti Airtel topped the selling list, losing 3.5 percent.

Shares of Coal India, Hindalco, HDFC Bank, BHEL and Bank of Baroda were down 1-2 percent.

Advancers outnumbered decliners by 1406 to 1153 on the Bombay Stock Exchange.

Most active shares on exchanges were Max India, United Spirits, UB Holdings, Pantaloon Retail, CORE Education, SBI, Axis Bank and ITC.

11:02
Indian equity benchmarks pared losses as index heavyweight Reliance Industries rebounded with 0.3 percent gains. Country's largest lender State Bank of India too recouped losses, rising 0.8 percent.

Read More »

10:30
The 30-share BSE Sensex fell 100 points, weighed down by banks, oil & gas, metals, telecom and capital goods stocks. Asian markets remained under pressure on concerns over Spain bailout. Nikkei extended fall to 2 percent while Shanghai, Hang Seng, Kospi, Taiwan Weighted and Straits Times lost 0.6-1 percent.

Read More »

09:13
The BSE Sensex fell 70 points in early trade following weakness in global markets as the uncertainty over Spain bailout continued. Riots over Spain's austerity added fuel to the fire.

Read More »

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Choppy Nifty trades lower; Bharti dives, ACC, Ambuja spike

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login