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Share market updates: Sensex falls 200 points, Nifty open lower at 10,850;Eicher Motors down 5%

Share market LIVE: The benchmark equity indices – Sensex and Nifty – opened on a lower note Wednesday even as the domestic markets rallied yesterday. The S&P BSE Sensex Index declined 0.6% intraday to 36,035.78 and the NSE Nifty 50 Index fell 0.38 percent to trade near 10,850. IT stocks — Tech Mahindra (1.13%) and Wipro (1.09%) — are the major gainers today. Eicher Motors leads the index losers list with a loss of 5.63%. Coal India, TATA Motors, Jet Airways, NMDC, LIC Housing Finance, Power Grid, and Glenmark Pharma are among the major stocks that will remain in focus throughout the day. Bharti Airtel share price ended the session 2.7% higher to 312.55, while HDFC share price gained by more than 1.9% to Rs 2,008. Yes, Bank share price zoomed more than 2% to hit the day’s high at Rs 185.90. Eicher Motors Worst Performer On Nifty After December Sales Fall 13%. Shares of Eicher Motors fell as much as 5.8 per cent, the most in over two months, to Rs 21,860. The comp...

Share market updates: Sensex down 200 pts, Nifty gives up 10,600;No change in petrol, diesel prices on Wednesday.

The domestic stock markets – Sensex and Nifty –opened lower on Wednesday morning tracking weak global cues. Sensex tanked 211 points to 35,258.97, while the broader Nifty 50 was trading near 10,600. HUL share price plunged by nearly 2% to 1,750.80, and Sun Pharma share price tanked by more than 1.2%. Meanwhile, Japanese stocks gained in the trade this morning, following a Christmas Day plunge of both the Nikkei 225 and Topix.  Earlier, President Donald Trump’s attacks on the Federal Reserve spooked the stock market on Christmas Eve, and efforts by his Treasury secretary to calm investors’ fears only seemed to make matters worse, contributing to another day of heavy losses on Wall Street on Monday. ASIA UPDATE Global stock markets were heading into the year-end under a heavy cloud after another rout this week as US political uncertainty added to heightened concerns over slowing global economic momentum. OIL UPDATE Brent crude oil futures were trading around $50 a...