DAILY MARKET ANALYSIS
ECONOMY ANALYSIS
No revival till 2014 polls; rate hike to hit infra: Gammon
Battery prices up by 3-10%, see FY14 margin at 8%: Eveready
CCEA approves Rs 182.43 cr grant to HEC
Auto cos meet Oscar Fernandes; discuss quadricycle norms
NSEL, FinTech 'fit and proper' status under scanner: Srcs
Tata Motors plans to raise prices by up to 1.5%
MARKET ANALYSIS
The benchmark BSE S&P Sensex today slumped the most in almost three weeks, closing down 383 points after the RBI unexpectedly hiked the repo rate to check inflation.
The Sensex fell as much as 595.21 points before ending 382.93 points lower, or 1.85 per cent, to 20,263.71. It was the biggest drop since a 651-point decline on September 3
The realty sector index dropped the most, losing 6.53 per cent, followed by the banking index 4.18 per cent, the capital goods =index 3.04 per cent and the auto index 1.58 per cent.
MAJOR INDICES
INDIAN MARKETS
INDEX CLOSE CHANGE % CHANGE
SENSEX 20263.71 -382.93 -1.85
NIFTY 6012.10 -103.45 -1.69
BANK NIFTY 10686.80 -461.85 -4.14
ASIAN MARKETS
INDEX CLOSE CHANGE
NIKKEI 14742.42 -23.76
STRAITS TIMES 3237.53 -14.25
HANG SENG 23502.51 385.06
TAIWAN INDEX 8209.18 -40.60
KOSPI 2005.58 -7.79
KOSPI 2005.58 -7.79
SHANGHAI 2191.85 0.00
EUROPEAN MARKET
INDEX CLOSE CHANGE
EUROPEAN MARKET
INDEX CLOSE CHANGE
FTSE 6611.93 -13.47
CAC 4203.66 -2.38
DAX 8680.33 -13.85
CAC 4203.66 -2.38
DAX 8680.33 -13.85