Mumbai: The benchmark Sensex gave up its early gains to end in the red on Tuesday, breaking its three-day winning spell, amid weak global cues due to geo-political concerns. Tension flared up on the Korean peninsula after North Korea launched a missile ahead of the G-20 meet slated to begin in Hamburg this weekend.
The Sensex started higher and even touched a high of 31,353.46, but worries about the missile launch spooked investors towards the fag end. The gauge settled at 31,209.79, down 11.83 points, or 0.04 per cent, in line with weak Asian shares. The gauge had gained 387.30 points in the previous three straight sessions making a strong bet on the Goods and Services Tax (GST). The 50-share NSE Nifty too settled in the negative terrain by falling 1.70 points, or 0.02%, to 9,613.30. Intra-day, it shuttled between 9,650.65 and 9,595.50. Axis Bank was the top loser with a loss of 2.08%, followed by Hero MotoCorp. Here are the latest updates
■ 3.30pm: BSE Sensex closed lower by 12 points, or 0.04%, to 31,210, while the Nifty 50 fell 2 points, or 0.02%, to 9,613. Reliance Industries (RIL), HDFC and Kotak Mahindra Bank were the top gainers while Axis Bank and Hero Moto Corp were the major losers.
■ 2.50pm: BSE Sensex trades higher by 67 points, or 0.21%, to 31,289, while the Nifty 50 rises 22 points, or 0.23%, to 9,637.
■ 2.15pm: BSE Sensex trades higher by 61 points, or 0.20%, to 31,283, while the Nifty 50 rises 22 points, or 0.23%, to 9,637. India’s VIX rises 0.78% to 11.2875 points. BSE energy index rises 1.29%, while BSE IT index soars by 0.71%.
■ 1.35pm: BSE small cap index rises 0.07%, BSE mid cap index falls by 0.14%, whereas BSE Sensex roses by 0.07%. Nifty metal, Nifty IT and Nifty financial services indices trade higher while all other sectoral indices trade in red on NSE.
■ 12.55pm: BSE Sensex trades lower by 7 points, or 0.02%, to 31,215, while the Nifty 50 falls 2 points, or 0.02%, to 9,613.
■ 12.50pm: Debt-laden stocks fell. Jaiprakash (Jaypee) Associates Ltd fell 8.4%, Reliance Communications Ltd (RCom) 4.4%, GMR Infrastructure Ltd 4.3%, Adani Power Ltd 3.1%, RattenIndia Infrastructure Ltd fell 2.8%, IFCI 2.5%, Tata Communications Ltd 2.5%, Indian Hotel Ltd 2.4%, Amtek Auto 2.2%,
■ 12.40pm: Banking stocks fell. Oriental Bank of Commerce (OBC) 1.8%, Andhra Bank 1.6%, Axis Bank 1.3%, Allahabad Bank 1.3%, IDBI Bank 1%, Punjab National Bank 1%, State Bank of India 0.8%.
■ 12.20pm: BSE Sensex trades lower by 37 points, or 0.12%, to 31,185, while the Nifty 50 falls 13 points, or 0.13%, to 9,603. Adani Ports, BPCL and Reliance Industries Limited (RIL) are the top gainers whereas Tata Motors and GAIL are major losers.
■ 11.20am: BSE Sensex trades lower by 3 points, or 0.01%, to 31,219, while the Nifty 50 trades flat at 9,615 points.
■ 11.15am: Unitech Ltd shares gain 5% to Rs6.20. The stock gained 25% in last two weeks while so far this year it surged 56%.
■ 11.00am: Videocon Industries Ltd shares hit 5% upper circuit for sixth consecutive sessions and gained 33% in this period. The stock was trading at Rs22.85 on BSE, up 5% from its previous close.
■ 10.45am: BSE Sensex trades lower by 36 points, or 0.11%, to 31,186, while the Nifty 50 falls 8 points, or 0.09%, to 9,607 points.
■ 10.25am: BSE Sensex trades higher by 33 points, or 0.11%, to 31,255, while the Nifty 50 rises 16 points, or 0.17%, to 9,631.
■ 10.00am: Just Dial Ltd shares fell 2.5% to Rs372 after the company said its chief financial officer Ramkumar Krishnamachari, resigned.
■ 9.45am: Jubilant FoodWorks Ltd rose 3.3% to Rs1,033.15. The stock gained six out of seven trading sessions and rose 11% in this period on the hopes of higher sales as GST Lowered Tax. Its average taxes on customer bills comes down to 18% from 20%.
■ 9.33am: Jindal Poly Films Ltd rose 3% to Rs416.50 after the company said it will acquire Netherlands-based Apeldoorn Flexible Packaging Holding BV through its subsidiary in an all-cash deal, marking its foray into the load security films market.
■ 9.30am: BSE Sensex trades higher by 42 points, or 0.13%, to 31,264, while the Nifty 50 rises 11 points, or 0.11%, to 9,626. Reliance Industries (RIL) and Adani Ports are top gainers with gains to the tune of 1.69%, and 1.33%, respectively.
■ 9.25am: Siva Cement Ltd rose 14.5% to Rs32 after JSW Cement bought 4.12% in Shiva Cement in last four sessions.
■ 9.23am: Wockhardt Ltd rose 1.2% to Rs612.15 after the company said it has received approval from the US health regulator (USFDA) for generic Olopatadine HCl eye drops used for the treatment of opthalmic allergies.
■ 9.20am: Aviation stocks trade higher. Jet Airways India Ltd rose 0.7%, InterGlobe Aviation Ltd rose 1.7%, SpiceJet rose 0.2%.
■ 9.15am: The rupee opened at 64.83 a dollar. At 9.15am, the rupee was trading at 64.79 a dollar, up 0.14% from its Monday’s close of 64.88.
■ 9.10am: Asian currencies were trading mixed. Philippines peso was up 0.23%, Japanese yen 0.12%, Singapore dollar 0.05% and Malaysian ringgit 0.04%. However, Taiwan dollar was down 0.21%, Indonesian rupiah 0.14%, South Korean won 0.08%, China Offshore 0.04%.
■ 9.05am: The 10-year bond yield was at 6.57%, compared to its previous close of 6.564%. Bond yields and prices move in opposite directions.
With inputs from PTI