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Dec 24, 2018 03:36 PM IST | Source: Moneycontrol.com

Closing Bell: Sensex ends 272 points lower, Nifty closes below 10,700; auto, metals drag

At the close of market hours, the Sensex was down 271.92 points or 0.76% at 35470.15, while the Nifty was lower by 90.50 points or 0.84% at 10663.50.

  • December 24, 2018 03:34 PM IST

    Market at Close And the bear run continues on D-Street, signaling a possible halt to this Santa rally. The Nify has ended below 10,700, while the Sensex closed with cuts of nearly 300 points. 

    Barring the IT index, all sectoral indices ended in the red, with auto, banks, consumption, energy and metals have closed lower. In the midcaps space, The Nifty Midcap index ended 0.7 percent lower. 

    At the close of market hours, the Sensex was down 271.92 points or 0.76% at 35470.15, while the Nifty was lower by 90.50 points or 0.84% at 10663.50. The market breadth was negative as 908 shares advanced, against a decline of 1,638 shares, while 142 shares were unchanged. 

    Wipro and TCS were the top gainers, while Hero MotoCorp, Bajaj Auto, and JSW Steel lost the most. 

    The market will be shut on Tuesday on account of Christmas. 

  • December 24, 2018 03:03 PM IST

    Max India - outcome of board meeting: Board of Directors of the Company, at its meeting held today, has considered and approved a composite scheme of amalgamation and arrangement amongst Max India, Max Healthcare Institute, Radiant Life Care.

    Radiant Life has also entered into a share purchase agreement with Life Healthcare International Proprietary for the purchase of 49.7 % of the share capital of Max Healthcare from Life Healthcare.

  • December 24, 2018 02:49 PM IST

    Rupee Update: The Indian rupee has recovered from the lows and trading higher by 20 paise at 69.95 per dollar against Friday's close 70.15.

  • December 24, 2018 02:43 PM IST

    Indsil Hydro Power jumps 5%: Indsil Hydro Power and Manganese shares rallied 5 percent intraday Monday after its joint venture overseas subsidiary launched expansion project.

  • December 24, 2018 01:56 PM IST
  • December 24, 2018 01:26 PM IST

    JUST IN | K Subramanian has taken charge as chief economic advisor, CNBC-TV18 reported, quoting sources. 

  • December 24, 2018 12:48 PM IST

    Market Update: Benchmark indices are trading flat in the afternoon trade with Nifty is hovering around 10,750 level.

    Wipro, TCS, Infosys, Sun Pharma and Adani Ports are the top gainers on the Sensex.

    At 12:46 hrs IST, the Sensex is down 15.84 points at 35726.23, while Nifty down 8.40 points at 10745.60. About 892 shares have advanced, 1323 shares declined, and 129 shares are unchanged. 

  • December 24, 2018 12:34 PM IST

    Gateway Distriparks approves fund raising plan: The comapny board approved raising of funds upto Rs 620 crore by issue of debt securities including non-convertible debentures and any other instruments for making balance payment to complete the acquisition of Compulsory Convertible Preference Shares (CCPS) in subsidiary company, Gateway Rail Freight (GRFL) from Blackstone and towards expansion of business/other corporate purpose.

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