courtsey: NDTV
On 9th June the BSE Sensex ended at 51,941.64, lowered by 333.93 points or 0.64% and the NSE Nifty settled at 15,635.35, down 104.75 points or 0.67%. In the bigger markets, BSE MidCap and SmallCap indices ended with cuts of 0.7% and 0.9% respectively.
In Morning session, markets had started with mild gains and moved in a narrow range, and the profit-booking dragged the markets lesser by the afternoon session.
Besides this, NTPC, PowerGrid, Titan and Asian Paints bucked the weakness to gain up to 4% each on the BSE.
The Stock front of Reliance Industry scrap around 1.6% to Rs 2,179 of the top loser’s list on the BSE. Financial stocks also had a poor session, with Bajaj Finserv, IndusInd Bank, Bajaj Finance, Axis Bank and SBI losing around 1% each on the BSE.
The NCLT permitted Twin Star Technologies, as a part of Anil Agarwal’s Vedanta Group, to take over Videocon Industries, as Vedanta lost 1.2% to Rs 265.55 on the BSE as per stocks News.
The Market was weak as per BSE went on declining around 1,735 stocks out of which 3,340 stocks were traded against 1,452 advance stocks.
During the quarter month from January-March Max Financial Company reported a net profit of Rs 70 crore, in which 1.6% to Rs 997.45 was lost on the BSE.