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Closing Bell: Nifty ends below 10,600, Sensex down 100 pts ahead of RBI meet outcome

Some cuts are visible in the PSU banking space, while the Bank Nifty is also down around quarter of a percent. Midcaps, meanwhile, are trading flat.

June 05, 2018 / 15:39 IST
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  • IndexPricesChangeChange%
    Sensex85,641.90-64.77 -0.08%
    Nifty 5026,175.75-27.20 -0.10%
    Nifty Bank59,681.35-71.35 -0.12%
    Nifty 50 26,175.75 -27.20 (-0.10%)
    Mon, Dec 01, 2025
    Biggest GainerPricesChangeChange%
    TMPV363.807.00 +1.96%
    Biggest LoserPricesChangeChange%
    Max Healthcare1,125.40-37.40 -3.22%
    Best SectorPricesChangeChange%
    Nifty Auto27993.00218.40 +0.79%
    Worst SectorPricesChangeChange%
    Nifty Pharma22887.80-110.50 -0.48%


  • June 05, 2018 / 15:39 IST

    Market closing: 

    The D-Street has ended a highly volatile day on negative note ahead of RBI policy outcome due tomorrow (Wednesday).

    The Sensex slipped 108.68 points at 34,903.21, and the Nifty shed 35.30 points at 10,593.20. The bank Nifty ended on flat note, while midcap index fell over 1 percent.

    Bharti Airtel, Larsen and Toubro, Dr Reddys Labs, Coal India and Power Grid Corp are the top losers on the Sensex.

  • June 05, 2018 / 15:19 IST

    Bank of Baroda raises lending rates:

    The bank has revised its marginal cost of funds based lending rate (MCLR) by 5 bps applicable from June 7, 2018.

    At 15:15 hrs Bank Of Baroda was quoting at Rs 128.00, down Rs 3.90, or 2.96 percent on the BSE.

  • June 05, 2018 / 14:58 IST

    NBCC wins order

    : NBCC has received letter of appointment from Ministry of Health & Family Welfare, Govt. of India for planning, designing, & construction of All India Institute of Medical Sciences (AIIMS) in Bilaspur, Himachal Pradesh under Pradhan Mantri Swasthya Suraksha Yojana (PMSSY) amounting approximately Rs 1138 crore.

     : NBCC has received letter of appointment from Ministry of Health & Family Welfare, Govt. of India for planning, designing, & construction of All India Institute of Medical Sciences (AIIMS) in Bilaspur, Himachal Pradesh under Pradhan Mantri Swasthya Suraksha Yojana (PMSSY) amounting approximately Rs 1138 crore.
  • June 05, 2018 / 14:40 IST

    Biocon at day's low:

    The shares of Biocon are trading at day' low as it fell 14 percent from the day's high post 6 percent rally in morning trade on Tuesday after Mylan N.V. and Biocon announced that the US Food and Drug Administration (USFDA) has approved Mylan’s Fulphila, a biosimilar to Neulasta, which was co-developed with Biocon.

    At 14:32 hrs Biocon was quoting at Rs 611.95, down Rs 42.15, or 6.44 percent on the BSE.

  • June 05, 2018 / 14:32 IST

    Selling in the past hour has dominated trade, with the Sensex falling over 200 points lower, while the Nifty is down around 0.70 percent. Further weakness is visible in midcap names, with the Nifty Midcap index falling around 2 percent. Pharma, metals, IT and infra names are seeing deep cuts, while the banks are also trading in the red. Airtel, Coal India, Zee Entertainment and Indiabulls Housing are the top losers, while Reliance, HUL, and Cipla have gained the most.

  • June 05, 2018 / 14:30 IST

    Order Win:

    ITI has bagged one of the two packages of BharatNet Phase II Tender of Gujarat issued by Gujarat Fiber Grid Network.

    The company has won Package A of the tender with a bid value of Rs 1612 crore. The work includes supply of optical fiber, HDPE duct, trenching and laying of fiber, extending broadband from state headquarters through optical transport network equipment up to block level and extending from block to Gram Panchayats using Optical Line Terminals (OLT) and Optical Network Terminals (ONT).

    The package A also includes setting up of Network Management System (NMS) at Ahmedabad to manage both Package A and Package B network elements, including fiber management, GIS, ERP etc. and connecting the NMS to the BBNL’s central NMS at Bangalore.

    At 14:28 hrs ITI was quoting at Rs 75.00, down Rs 3.10, or 3.97 percent on the BSE.

     ITI has bagged one of the two packages of BharatNet Phase II Tender of Gujarat issued by Gujarat Fiber Grid Network. 

 The company has won Package A of the tender with a bid value of Rs 1612 crore. The work includes supply of optical fiber, HDPE duct, trenching and laying of fiber, extending broadband from state headquarters through optical transport network equipment up to block level and extending from block to Gram Panchayats using Optical Line Terminals (OLT) and Optical Network Terminals (ONT). 

 The package A also includes setting up of Network Management System (NMS) at Ahmedabad to manage both Package A and Package B network elements, including fiber management, GIS, ERP etc. and connecting the NMS to the BBNL’s central NMS at Bangalore. 

 At 14:28 hrs ITI was quoting at Rs 75.00, down Rs 3.10, or 3.97 percent on the BSE.
  • June 05, 2018 / 12:54 IST

    Market Check:

    The market has continued to trade weaker, with the Sensex trading over 100 points lower, while the Sensex is down below 35,000-mark. Midcaps have extended their fall from the morning, with the Nifty Midcap trading over 1 percent lower, while metals, infra, IT and pharma names have lost a well. RIL, HUL and Cipla are the top gainers, while Airtel, Power Grid and Indiabulls Housing have lost the most.

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