INSUBCONTINENT EXCLUSIVE:
Market breadth favoured the declines
Domestic stock markets started Monday's session on a weak note,
with the Sensex falling nearly 200 points
The opening of the markets on Monday marked the first since presentation of the Interim Budget 2019-20 in Parliament last week
In early trade, the Sensex shed as much as 195 points to hit 36,469 and the Nifty dropped 63 points to touch 10,829 on the downside
Analysts awaited the outcome of a bi-monthly policy meeting of the central bank due later this week
Here are 10 things to know:At 10:21 am, the Sensex was down 113 points at 36,356 and the Nifty traded at 10,862, 31 points
weaker from the previous close.Top laggards on the 50-scrip index were Tata Steel, Hindalco, Hindustan Petroleum, Zee and Mahindra
Mahindra, trading between 2.2 per cent and 3.5 per cent lower.The market breadth favoured the declines with an advance-decline ratio of
On the NSE, 473 stocks traded with gains against 1,169 that traded lower.The Nifty Metal index, comprising metal stocks, declined as much
Hisar.Reliance Communications shares plunged by more than half to a record low, after the telecom company said it will seek a fast-track
their lowest since December 23, 2013, as claims of financial mismanagement and broader sectoral woes continue to plague the home loan
provider, reported news agency Reuters
DHFC shares declined as much as 13 per cent to hit an intraday low of Rs 96.80 on the NSE.The weakness in the domestic stock markets came
week, while the dollar firmed against the yen following strong US job and manufacturing data.MSCI's broadest index of Asia-Pacific shares
outside Japan was almost flat
It had scaled a four-month peak on Friday along with a surge in its global peers.The rupee depreciated by as much as 48 paise to 71.73
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