Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- Closing Bell: Saudi main index closes in green at 12,025
- Saudi Arabia's job market strengthens as unemployment falls to 7% in Q4 2024
- UAE unveils new dirham symbol and digital currency
- Oil Updates - crude holds near 1-month high, set for 3rd week of gains amid supply woes
- Qatar Islamic Insurance Group AGM proposes cash dividend of 50% of paid-up capital
- QCB licenses PayLater to provide BNPL services
- Qatar Stock Exchange listed companies report QR51.18bn net profits for 2024
- Oman seeks bids for Jabal Shams Grand Canyon project
- Jafza expands logistics park with strategic investment
- Innovation, collaboration key to sustainable growth: Sabic CEO
07/10/2010 00:00 AST
Profit-booking in banking stocks pulled down the 30-share benchmark Sensex in the morning trade on Thursday, with HDFC plunging by nearly two per cent.
Shares of the mortgage lender lost 1.89 per cent to touch an early low of Rs 731.20 on the BSE. In the early morning trade, the scrip was the worst performer in the index and dragged the Sensex down by 20.99 points to 20,522.09.
Market analysts attributed the weakness in the financial stocks to lack of fresh buying and profit-booking by investors.
Erasing last session's gains, the shares of private sector lender ICICI Bank were down by 1.06 per cent to an early morning low of Rs 1,136.40. This is in contrast to the previous session, where the scrip had touched a 52-week high with a gain of 2.27 pe r cent on the BSE.
Another major private player, HDFC Bank, also opened the day on a weak note, slipping 0.87 per cent to trade at Rs 2,433. The country's largest lender, SBI, too was trading in red at Rs 3,215, down 0.52 per cent from the previous close.
Weakness in the major banking counters in the morning trade pulled the banking index on the BSE down by over 44 points.
The Hindu Business Line
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
27/03/2025
President Donald Trump signed a proclamation to implement a 25 per cent tariff on auto imports, expanding a trade war designed to bring more manufacturing jobs to the US and setting the stage for an
Bloomberg
26/03/2025
Oil prices were little changed on Tuesday as markets weighed the impact of newly announced US tariffs on countries that buy Venezuelan oil and the uncertain outlook for global demand.
Brent
Reuters
25/03/2025
Global energy demand saw an above-average annual rise of 2.2 percent in 2024, fueled by rising electricity consumption and growth in emerging economies, according to a new report.
Analysis b
Arab News
24/03/2025
Global economic growth is expected to average around 3.1 percent in the next five years, below the pre-pandemic level of 3.7 percent, according to an International Monetary Fund official.
Sp
Arab News
24/03/2025
Global borrowing hit a record $25 trillion in 2024, a $10 trillion surge from pre-pandemic levels, sparking concerns over sustainability, a new report showed.
The Organization for Economic C
Arab News
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia