INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Heavy selling in financials, FMCG and telecom stocks dragged the market lower on Monday.
The 30-share pack of BSE lost 215
constituents ending in the green and 35 in the red
to its highest in two weeks to 7.90 per cent, after NewsRise quoted a senior finance ministry official as saying that RBI might have to
raise interest rates to keep inflation in check
READ MORESpurt in open interestPC Jeweller witnessed the biggest spurt in open interest contracts at 42.01 per cent, followed by HDFC Bank
(34.74 per cent) and Just Dial (21.97 per cent)
Most active stocksRCom (down 4.26 per cent), PC Jeweller (down 17 per cent) and GMR Infra (down 2.39 per cent) were the most active stocks
in terms of volume while HDFC Bank (down 3 per cent), RIL (up 1 per cent) and YES Bank (up 0.07 per cent).
DHFL raises over Rs 10K cr via
NCDHousing financier DHFL has raised over Rs 10,944 crore through public issue of bonds which had open for subscription in May
The public issue of non-convertible debentures (NCDs), which had opened on May 22, had an issue size of Rs 3,000 crore with an option to
retain oversubscription of up to Rs 9,000 crore aggregating up to Rs 12,000 crore
READ MOREStocks in oversold zoneTechnical indicator RSI (Relative Strength Index) signalled Manpasand Beverages, Atlanta and LT Foods are
the stocks that have slipped into the oversold zone.
Who moved my SensexHDFC Bank (down 3 per cent), ICICI Bank (down 1 per cent) and
Hindustan Unilever (down nearly 2 per cent) contributed the most to the index fall
HDFC, Kotak Mahindra Bank and SBI were the other major contributors.
