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Sensex Falls Over 600 Points from Day's High; TCS & Reliance Industries Top Losers
Wed, 21 Oct 02:30 pm | Yash Vora, TM Team

Share markets in India gave up all of their early gains in the afternoon session, with the benchmark BSE Sensex dropping more than 600 points from the day's high.

Benchmark indices reversed trend and turned bearish by the afternoon session, amid weak opening in European markets.

European shares slipped as losses in defensive sectors outweighed optimism over encouraging quarterly results from consumer giant Nestle and telecoms equipment maker Ericsson.

Meanwhile, Indian market regulator's chairman Ajay Tyagi today said that every stakeholder needs to play significant role to reform the markets. He also urged independent directors leaving due to corporate governance to flag such issues.

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The BSE Sensex is presently trading down by 191 points, down 0.5%. Meanwhile, the NSE Nifty is trading down by 61 points.

Shares of TCS fell over 2.5%, while Bajaj Finance, Reliance Industries, and IndusInd Bank fell 2%.

Hindustan Zinc share price is in focus today after the company announced a dividend of Rs 21.3 per share, its highest interim dividend in 12 years.

Sectoral indices are trading in red with stocks in the energy sector witnessing most of the selling pressure.

More details to follow in the upcoming commentary.

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Stock Market Updates

APL APOLLO TUBES at All Time High; BSE CAPITAL GOODS Index Up 0.8% (Today's Market)

Dec 2, 2020 03:34 PM

APL APOLLO TUBES share price has hit an all time high at Rs 3,530 (up 2.1%). The BSE CAPITAL GOODS Index is up by 0.8%. Among the top gainers in the BSE CAPITAL GOODS Index today are APL APOLLO TUBES (up 2.1%) and LAKSHMI MACHINE (up 2.6%). The top losers include L&T (down 0.1%) and SOLAR INDUSTRIES (down 0.3%).

CROMPTON GREAVES CONSUMER ELEC. at All Time High; BSE CONSUMER DURABLES Index Up 2.0% (Today's Market)

Dec 2, 2020 03:34 PM

CROMPTON GREAVES CONSUMER ELEC. share price has hit an all time high at Rs 333 (up 2.7%). The BSE CONSUMER DURABLES Index is up by 2.0%. Among the top gainers in the BSE CONSUMER DURABLES Index today are CROMPTON GREAVES CONSUMER ELEC. (up 2.7%) and TITAN (up 3.3%). The top losers include VIP INDUSTRIES (down 0.1%) and WHIRLPOOL OF INDIA (down 0.7%).

JINDAL SAW Share Price Up by 5%; BSE METAL Index Up 2.6% (Today's Market)

Dec 2, 2020 03:34 PM

JINDAL SAW share price is trading up by 5% and its current market price is Rs 76. The BSE METAL is up by 2.6%. The top gainers in the BSE METAL Index is JINDAL SAW (up 5.1%).

AIA ENGINEERING Share Price Up by 11%; BSE CAPITAL GOODS Index Up 0.7% (Today's Market)

Dec 2, 2020 03:22 PM

AIA ENGINEERING share price is trading up by 11% and its current market price is Rs 2,090. The BSE CAPITAL GOODS is up by 0.7%. The top gainers in the BSE CAPITAL GOODS Index is AIA ENGINEERING (up 10.7%). The top losers are HINDUSTAN AERO. (down 0.1%) and THERMAX (down 0.3%).

ADANI POWER Share Price Up by 10%; BSE POWER Index Up 1.4% (Today's Market)

Dec 2, 2020 03:18 PM

ADANI POWER share price is trading up by 10% and its current market price is Rs 46. The BSE POWER is up by 1.4%. The top gainers in the BSE POWER Index are ADANI POWER (up 10.5%) and ADANI TRANSMISSION (up 11.9%). The top losers are RELIANCE INFRA (down 0.2%) and BHEL (down 0.6%).

Sensex Trades 89 Points Lower; Dow Futures Down by 126 Points (Today's Market)

Dec 2, 2020 12:30 pm

BSE Sensex is trading down by 89 points, while the NSE Nifty is trading down by 10 points.

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