Thursday, January 24, 2019
News

Sensex ends 97 points lower on higher crude prices (Second Lead)

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Mumbai | Friday, 2019 4:15:06 PM IST
A continuous rise in global crude oil prices, along with caution ahead of key micro-economic data to be released later in the day, dragged the Indian equity market into the red on Friday.

The benchmark Brent crude prices rose over 0.5 per cent to cross the $62 a-barrel-mark.

Stocks of IT, banking and finance sectors were heavily sold.

Realty sector stocks also ended 1.43 per cent lower after Finance Minister Arun Jaitley said at Thursday's GST Council Meeting that owing to diverse opinions, a decision on the much-expected rate reduction for under-construction homes will be taken at a later meeting.

Index-wise, the Nifty50 declined by 33.55 points or 0.31 per cent to settle at 10,821.60.

The S&P BSE Sensex closed at 36,009.84, lower by 96.66 points or 0.27 per cent from the previous close of 36,106.50.

It had opened at 36,191.87 points and touched an intra-day high of 36,214.26 and a low of 35,840.60.

Key macro-economic figures like forex reserves, Industrial Production and manufacturing output are set to be released later in the day.

--IANS ravi-rv/vm

( 190 Words)

2019-01-11-15:52:05 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
After Jio, Mukesh Ambani bets big on Int...
Netflix aims for more original global co...
Markets open marginally lower than yeste...
HP launches full-colour 3D printer for S...
Dia Mirza felicitates winners at India A...
Key Indian equity indices open in green...
More...
 
INDIA WORLD ASIA
Farmers in Amethi raises anti-Rahul Gand...
Manali, Dalhousie get more snow...
Train runs over 4 in UP...
My childhood is there in all my books: M...
Tripura gets Rs 20 crore boost from ONGC...
Once a terrorist, Lance Naik Nazir Wani ...
More...    
 
 Top Stories
Celebrations begin at Diggi Palace ... 
S.Korean ex-chief justice arrested ... 
Nawazuddin Siddiqui is one of our f... 
India, China review progress in bil... 
Netflix aims for more original glob... 
Gulshan takes up boxing in real lif... 
Bengaluru doctor offers free angiop... 
Kim expresses 'great satisfaction' ...