Closing Bell: Nifty ends below 11,700, Sensex falls 491 points; Tata Steel plunges 5%

: Indian indices witnessed sharp fall on June 17 on the back of trade war fears which pulled the Sensex below 39,000 and Nifty below 11,700 level.

At close, the Sensex was down 491.28 points at 38,960.79, while Nifty was down 148.40 points at 11,674.90. About 685 shares have advanced, 1847 shares declined, and 126 shares are unchanged.

Tata Steel, JSW Steel, ONGC, Indiabulls Housing and Tata Motors were among major losers on the Nifty, while gainers were Yes Bank, Zee Entertainment, Coal India and Wipro.

All the sectoral indices ended lower led by metal, energy, bank, auto, pharma, infra and FMCG.

D-Street Buzz: Over 300 stocks hit 52-week low on BSE; metals extend loses, VIX spikes

Benchmark indices including the Nifty and the Sensex have extended the morning loses with Nifty down 124 points and is trading at 11,698 while the Sensex shed 409 points and is trading at 39,042 level.... Read More

Benchmark indices witnesssharp fall with Sensex below 39,000.

The Sensex is down 491.42 points or 1.25% at 38,960.65, and the Nifty down 152.30 points or 1.29% at 11,671.00. About 602 shares have advanced, 1830 shares declined, and 118 shares are unchanged.

India Ratings & Research assigned IND A1+ to Rs 300 billion certificate of deposit.

Vodafone Idea shares dropped 3.8 percent and Bharti Airtel 2.6 percent on June 17 after DCC's approval to penalty imposed by telecom regulator in the Reliance Jio case.

Sensex sinks 400 points; here are 5 factors dragging the indices

Trade war concerns, rise in crude oil prices, selling in metal and banking stocks, the slowdown in FII money, etc. are some of the factors weighing on markets... Read More

The company's formulations manufacturing facility located at SEZ, Ahmedabad has received an establishment inspection report (EIR).

Batelco is announcing an extension of its partnership with Tata Communications to offer flexible and reliable data connectivity with expanded global reach; to service providers, mobile network operators (MNO) and ISPs in the Middle East.

Indian indices are trading at day's low level on June 17 on trade war fears.

The Sensex is down 384.51 points or 0.97% at 39067.56, and the Nifty down 122.00 points or 1.03% at 11701.30. About 606 shares have advanced, 1729 shares declined, and 129 shares are unchanged.

Reliance Capital shares fell 10 percent on June 17 despite company selling stake in asset management company.

UBS bets on small finance banks; Equitas, Ujjivan top picks

With access to retail and wholesale deposits, UBS expects market share gains to continue and sees AUM of the three SFBs to rise at a 33 percent CAGR over FY19-22E to Rs 1.1 lakh crore... Read More

Berger Paints' independent director Dhirendra Swarup resigned w.e.f. Jun 13, 2019.