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This article is more than 2 year old.

Closing Bell: Markets end lower, Sensex below 36,000 on Indo-Pak tensions; Tata Motors gains 4%

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The Indian ended lower on Tuesday, with the S&P BSE Sensex settling below 36,000 after Indian Air Force conducted air strikes against a terror camp in Pakistan territory. Sensex settled at 35,973, down 240 points while the broader Nifty50 index ended at 10,835, down 45 points. Zee, Tata Motors, TCs, Coal India and IOC were the top gainers on Nifty50 while Indiabulls Housing Finance, HDFC, HCL Tech, ICICI Bank and Infosys were the top losers on the index.

Closing Bell: Markets end lower, Sensex below 36,000 on Indo-Pak tensions; Tata Motors gains 4%
  • Closing Bell: Markets end lower on Indo-Pak tensions##Closing Bell: Markets end lower on Indo-Pak tensions

    The Indian ended lower on Tuesday, with the S&P BSE Sensex settling below 36,000 after Indian Air Force conducted air strikes against a terror camp in Pakistan territory.

    The S&P BSE Sensex settled at 35,973, down 240 points while the broader Nifty50 index ended at 10,835, down 45 points. Among broader market, Nifty Midcap outperformed the frontline indices, down 0.1 percent at close.

    Among sectoral indices, Nifty Realty was the worst performing sector dragged by Godrej Properties, Indiabulls Real Estate, Sunteck Realty, Prestige and Sobha Developers. Zee, Tata Motors, TCs, Coal India and IOC were the top gainers on Nifty50 while Indiabulls Housing Finance, HDFC, HCL Tech, ICICI Bank and Infosys were the top losers on the index.

  • Sectoral trend at closing##Sectoral trend at closing

    Closing Bell: Markets end lower, Sensex below 36,000 on Indo-Pak tensions; Tata Motors gains 4%
  • Bank's exposure to IL&FS group is at 0.35% of loans, says Karnataka Bank##Bank's exposure to IL&FS group is at 0.35% of loans, says Karnataka Bank


    The National Company Law Appellate Tribunal (NCLAT) has barred banks and financial institutions from declaring accounts of IL&FS and its group companies as non-performing assets (NPAs) without NCLAT's  permission.


    The decision has been taken in the interest of IL&FS debt resolution plan. Mahabaleshwara MS, managing director and chief executive officer of Karnataka Bank assessed the impact on banks. Click here for more

  • Kotak Bank approves raising FII/FPI limit to 45% from 43%##Kotak Bank approves raising FII/FPI limit to 45% from 43%


    Board approves increase in ceiling limit on the total shareholding of Foreign Institutional Investors (FIIs)/Foreign Portfolio Investors (FPIs) from the current limit of 43% to 45% with immediate effect

  • Top Nifty gainers and losers##Top Nifty gainers and losers

    Closing Bell: Markets end lower, Sensex below 36,000 on Indo-Pak tensions; Tata Motors gains 4%
  • Six stocks where brokerages initiated coverage in February; 14-40% returns expected##Six stocks where brokerages initiated coverage in February; 14-40% returns expected

    As we head towards the general elections, most experts feel that volatility is likely to inch higher, and investors should stay with quality stocks. The December quarter results were largely in line with estimates, but Nifty PAT downgrades continued to outdo upgrades and most brokerage firms have cut their earnings estimates for FY20. Read full article here

  • Jaypee Infra: Committee Of Creditors rejects company’s forensic audit demand##Jaypee Infra: Committee Of Creditors rejects company’s forensic audit demand

  • Market Update: Sensex, Nifty recover from day's low##Market Update: Sensex, Nifty recover from day's low

    Benchmark indices has recovered from the day's low with Nifty trading above 10,850 level. The Sensex is currently trading at 36008, down 204 points while Nifty is trading at 10835, down 44 points. Vedanta, Hindalco, Yes Bank and JSW Steel were the top losers on Nifty/

  • Emami promoter releases pledge##Emami promoter releases pledge

  • Just in: ICRA revises Titan's debt rating outlook to 'Positive' from 'Stable'##Just In: ICRA revises Titan's debt rating outlook to 'Positive' from 'Stable'

  • Bank Of India board approves issuing fresh equity shares worth Rs 4,638 crore at Rs 89.60/share to government##Bank Of India board approves issuing fresh equity shares worth Rs 4,638 crore at Rs 89.60/share to government

  • Tata Motors gains for 10th straight session##Tata Motors gains for 10th straight session

    Tata Motors is the biggest gainer among index stocks. The stock rose 10 percent in theg last two weeks. The auto stock has also gained more than 3% intraday. 

  • Adani Ports falls 3% as Axis Capital downgrades stock##Adani Ports falls 3% as Axis Capital downgrades stock

    Adani Ports and Special Economic Zone shares fell 2.7 percent intraday Tuesday after brokerage house Axis Capital downgraded the rating on stock to hold from buy citing expensive acquisition of Adani Agri Logistics from Adani Enterprises. It was in addition to 8 percent correction seen in the previous session.

  • Sectoral Trend##Sectoral Trend

     
    Closing Bell: Markets end lower, Sensex below 36,000 on Indo-Pak tensions; Tata Motors gains 4%
  • Foreign Secretary Vijay Gokhale: India has struck the biggest training camp of JeM##Foreign Secretary Vijay Gokhale: India has struck the biggest training camp of JeM

  • Foreign Secretary Vijay Gokhale briefs media##Foreign Secretary Vijay Gokhale briefs media

    Gokhale says expect Pakistan to dismantle remaining JeM Camps. Strike took place on terror camps in Pakistan

  • Just in: Foreign Secretary Vijay Gokhale to brief media at 11:30 am##Just in: Foreign Secretary Vijay Gokhale to brief media at 11:30 am

  • Rupee also sees a mild recovery from lows, current trading at 71.05 per dollar##Rupee also sees a mild recovery from lows, current trading at 71.05 per dollar

  • Market Check: Indices see mild recovery from opening lows##Indices see mild recovery from opening lows

  • WATCH| Karnataka Bank says bank's exposure to IL&FS Group is at 0.35% of loans

  • Britannia gains on inclusion in Nifty 50##Britannia gains on inclusion in Nifty 50


    Britannia was trading 1 percent higher on NSE in an otherwise weak market after its inclusion in the Nifty 50 index with effect from March 29.

    Britannia Industries will replace the state-owned oil marketing company Hindustan Petroleum Corporation (HPCL) in the Nifty 50 index from 29 March, the NSE said on Monday after market hours.

  • Top Sensex losers and gainers##Top Sensex losers and gainers

    Closing Bell: Markets end lower, Sensex below 36,000 on Indo-Pak tensions; Tata Motors gains 4%
  • Rupee sheds 30 paise against US dollar in early trade##Rupee sheds 30 paise against US dollar in early trade


    The rupee depreciated 30 paise to 71.30 against the US dollar in early trade on Tuesday at the forex market on fresh demand for the US currency from importers.


    Strength in dollar against some currencies overseas and a lower opening in domestic equities kept pressure on the domestic unit, dealers said. Click here for full report

  • PM Modi holds meeting with key ministers post IAF strike##PM Modi holds meeting with key ministers post IAF strike

  • DHFL stock falls up to 7.4% on ICRA downgrade##DHFL stock falls up to 7.4% on ICRA downgrade

    Dewan Housing Finance Corporation (DHFL) fell up to 7.4 percent in early morning trade after the credit rating agency ICRA downgraded the creditworthiness of DHFL's commercial papers to A2+ from A1+ citing its inability to raise money and generate new business

    The stock has fallen as much as 7.4 percent to Rs 126 in intra-day deals. It was currently trading 4.9 percent lower on BSE. Read full report here

  • Just in: SEBI declares Anand Rathi Commodities and Geofin Comtrade 'not fit and proper' for commodity derivative broking. 

  • Sensex, Nifty open weak on reports of attack attempts on JeM camps in PoK##Sensex, Nifty open weak on reports of attack attempts on JeM camps in PoK

    The Indian market opened negative following global cues and reports that attack attempts have been made on the JeM camps in Pakistan occupied Kashmir (PoK). At 09:15 AM, the BSE Sensex opened at 35,995 points, falling more than 200 points and the NSE Nifty opened at 10,830 points, falling more than 40 points. Investors remain wary of the Pulwama attack developments and its geopolitical impact. Bharti Infratel, TCS, HCL Tech, Asian Paints, UltraTech Cement were among the top Nifty gainers while Yes Bank, SBI, Hero Motocorp, JSW Steel and Vedanta dragged the index.

  • Stock recommendations: Here's what top investors are suggesting##Stock recommendations: Here's what top investors are suggesting

    Mitessh Thakkar: Buy HCL Tech, Torrent Pharma, Yes Bank and sell Auro Pharma. Here's why

    Ashwani Gujral: Buy HCL Tech, UPL, UltraTech Cements, Infosys and Maruti. Here's why

    Sudarshan Sukhani: Buy Indigo, NIIT Tech, Divis; sell Canara Bank and Tata Chemicals. Here's why

  • 10 things you need to know before the opening bell##10 things you need to know before the opening bell

    Asia: MSCI's broadest index of Asia-Pacific shares outside Japan held near its highest since mid-September. South Korea's KOSPI was flat while Japan's Nikkei rose 0.2 percent, Reuters reported.

    US: The Dow Jones Industrial Average rose 60.14 points, or 0.23 percent, to 26,091.95, the S&P 500 gained 3.44 points, or 0.12 percent, to 2,796.11 and the Nasdaq Composite added 26.92 points, or 0.36 percent, to 7,554.46.

    Markets At Close On Monday:  Indian shares rose on Monday, driven by index heavyweights such as Infosys and HDFC Bank, while trade optimism after US President Donald Trump confirmed he would delay a planned tariff hike on Chinese imports also buoyed investor sentiment. The Nifty 50 closed 0.82 percent higher at 10,880.10, while the BSE Sensex added 0.95 percent at 36,213.38. 

    Get the full report here

  • Here's an update on the market cues investors must watch out for##Here's an update on the market cues investors must watch out for

    The Indian market is set for a negative start following global cues and reports that attack attempts have been made on the JeM camps in Pakistan Occupied Kashmir (PoK). Investors remain wary of the Pulwama attack developments and its geopolitical impact. 

    On Monday, an SBI report said that India's GDP for the third quarter of the financial year is likely to be only 6.7 percent due to the country's persisting weak infrastructure activity.  

    The Asian peers after shares paused at a five-month peak on signs of US-China making progress on a trade deal.

    At 08:35 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.88 percent at 10,797, indicating a muted start for the Sensex and the Nifty.