Home Latest Share Market LIVE: Sensex tanks 500 pts, Nifty gives up 17650 on weak global cues; HDFC Bank top drag

Share Market LIVE: Sensex tanks 500 pts, Nifty gives up 17650 on weak global cues; HDFC Bank top drag

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Share Market LIVE: Sensex tanks 500 pts, Nifty gives up 17650 on weak global cues; HDFC Bank top drag

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Share Market Today, Share Market LiveNifty Bank index fell 1.3 per cent to 37,450. Nifty Auto, Nifty Financial Services indices fell up to 1.4 per cent.

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading weak on Wednesday, a day before the expiry of September futures and options contracts of Nifty and Bank Nifty. BSE Sensex was hovering around 59,165, while Nifty 50 was ruling below 17650. ICICI Bank, HDFC Bank, Bajaj-Auto, IndusInd Bank, Kotak Mahindra Bank, Housing Development Finance Corporation (HDFC) were top BSE Sensex laggards. Power Grid Corporation of India, Hindustan Unilever Ltd (HUL), HCL Tech, Sun Pharma, Tata Consultancy Services (TCS) were top BSE Sensex gainers. Nifty Bank index fell 1.3 per cent to 37,450. Nifty Auto, Nifty Financial Services indices fell up to 1.4 per cent.

Yields on benchmark bonds have risen almost 9 basis points in the last three days, tracking a sharp rise in US Treasury yields after the Federal Reserve indicated sooner-than-expected tapering of its bond purchases, and with crude oil prices hitting $80/barrel. On Tuesday, the benchmark 6.10%-2031 bond yield ended at 6.2281%, as against the 6.2087% close on the previous trading session. The yield on the benchmark bond on September 23 was hovering around 6.1397%.

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