NEW DELHI: Equity benchmarks Sensex and Nifty remained in the bearish territory on Tuesday, extending the losses into the fifth successive session amid an across-the-board selling. Sino-US trade war jitters kept investors nervous as did speculations around India’s election outcome. Sensex closed 324 points, or 0.84 per cent, down at 38,276 while Nifty settled 100 points, or 0.87 per cent, lower at 11,497. We walk you through the key highlights of Tuesday’s session: Investors lose Rs 1.24 lakh crore in a day!Tuesday’s losses made investors poorer by Rs 1.24 lakh crore, as overall market capitalisation of BSE-listed firms dropped to Rs 1,49,13,994 crore from Rs 1,50,37,619 crore on Monday. In the last five sessions, investors lost nearly Rs 4 lakh crore. Bharti Airtel stock loses steamShares of Bharti Airtel closed 3.10 per cent down at Rs 323.05, breaking the winning streak of three successive sessions despite better-than-expected March quarter numbers. Shares of the company slipped amid speculations over the company’s operational details as the telecom major did not disclose them because of its ongoing rights issue. ICICI Bank falls 4% on Q4Extending the losses into the second session in a row, shares of ICICI Bank closed 3.77 per cent lower… Read full this story
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After Market: Airtel drops despite good Q4, ICICI Bank slips; 201 stocks hit lower circuits have 276 words, post on economictimes.indiatimes.com at May 8, 2019. This is cached page on VietMaz. If you want remove this page, please contact us.