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Sensex Falls Over 100 Points, Banks Lead Decline; TCS, Bharti Airtel Post Sharp Gains

Financial stocks dropped today, with HDFC Bank and ICICI Bank dragging down the indexes

Sensex and Indian shares fell today as investors booked profits amid weakened global sentiment. The Sensex has risen close to 5 per cent so far this month and had closed at two-month high yesterday.

Global markets were weak today as a rise in US bond yields to 3 per cent and warnings from bellwether US companies of higher costs drove fears that corporate earnings growth may peak soon.

The Sensex ended 115 points lower at 34,501 while Nifty settled at 10,570, down 43 points.

“Global perspective is making investors nervous. Investors are taking profits from the table,” said Saurabh Jain, AVP research at SMC Global Securities.

Financial stocks dropped today, with HDFC Bank and ICICI Bank dragging down the indexes. ICICI Bank fell about 2 per cent while HDFC Bank dropped 1 per cent.

The BSE metal index fell 1.5 per cent. Some metal stocks have posted so far this month on rising commodity prices. Vedanta, Tata Steel and Hindalco Industries declined nearly 2 per cent each.

The BSE IT index, however, rose over 1 per cent as a weaker rupee helped send shares of IT exporters higher. TCS shares rose close to 2.5 per cent.

Infosys, Tech Mahindra and HCL Tech were among the other gainers in the IT pack. Top mobile carrier Bharti Airtel Ltd rose 3 per cent, after the company’s fourth quarter results beat expectations of a loss and as it approved a merger of its mobile masts unit with Indus Towers.

The broader markets were also weak today with BSE midcap and smallcap indices sliding over 0.50 per cent today.

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Sensex Falls Over 100 Points, Banks Lead Decline; TCS, Bharti Airtel Post Sharp Gains
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Opinion Poll
With assembly election ahead With assembly election ahead, well known Digital Media platform clipper28.com has decided to gauge the mood of Chhattisgarh through its own opinion poll. As an aware voter and stakeholder of the democratic process, kindly do answer the following questions so that prevailing mood of state can be ascertained.
Name
Age
Assembly Segment
Phone Number
Which party will emerge as the single largest party?
Which party will win how many seats?
Whom would you like to see as next Chhattisgarh Chief Minister?
Have you witnessed development work in your area?
Do you think that farmers of Chhattisgarh are satisfied with BJP government?
Do you think youngsters are happy with employment scenario created by Chhattisgarh/state government?
Do you think state government has done enough on issue of women empowerment?
Are you satisfied with work done by your legislator? Have electoral promises been fulfilled or not?
Are you satisfied with the amenities provided by the government in your area?
Do you think the state government has successfully tackled naxal menace?
Are you satisfied with work done by different state Ministers?

Please do vote...

ओपिनियन पोल
छत्तीसगढ़ की आगामी विधानसभा चुनाव के लिए डिजिटल मीडिया ‘clipper28.com’ नेसटीक ओपिनियन पोल करनेका निश्चय किया है. अतः आप नीचे दिए सवालों के निष्पक्ष जवाब देंताकि राज्य की आने वाले दिनों की सही सियासी तस्वीर सामनेआ सके. कृपया अपना मत जरूर दें- With assembly election ahead
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विधानसभा क्षेत्र
आयु
फ़ोन नं
विधानसभा चुनाव में सबसे बड़ी पार्टी कौन सी होगी ?
किस पार्टी को कितनी सीटें मिलेगी?
अगले मुख्यमंत्री के रूप में किसे देखना चाहेंगे?
क्या आपके क्षेत्र में विकास दिखाई पड़ रहा है?
क्या छत्तीसगढ़ का किसान भाजपा शासन से संतुष्ट है?
जो रोजगार छत्तीसगढ़ सरकार ने दिया, क्या उससे युवा वर्ग संतुष्ट है?
राज्य सरकार ने महिलाओं के सशक्तिकरण के लिए जो किया, उससे महिलाएं संतुष्ट हैं?
क्या आप अपने विधायक से संतुष्ट हैं? उन्होंने अपने वादे पूरे किए या अधूरे हैं उनके काम?
क्या आप अपने क्षेत्र की सरकारी सुविधाओं सेसंतुष्ट हैं?
क्या नक्सली समस्या पर नियंत्रण हुआ है?
क्या प्रदेश के मंत्रियों के कामकाज से संतुष्ट हैं?
-देश हित के लिए मतदान अवश्य करें-
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