Indian markets fell today, extending losses to the fourth day in a row. The Sensex ended 198 points lower at 38,106 while Nifty settled 0.41% lower at 11,313. Yes Bank shares today rebounded 34% after Chief Executive Officer Ravneet Gill said before the opening bell that the lender was on a firm financial footing.
Banking and metal stocks led the decline today. Among banks, Kotak Bank, IndusInd Bank and HDFC Bank fell between 2% and 3%.
Global markets were mostly lower today as the US said it would slap tariffs on European goods, adding to slowdown worries at a time when the U.S.-China trade war is already hurting global economic growth.
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Yes Bank’s group president Rajat Monga quits
Sensex falls for fourth day in a row, Yes Bank surges 34%
RBI allays fears on Yes Bank, says bank stable, no reason to worry
Sensex Ends 199 Points Lower As Markets Extend Losses To Fourth Day: Highlights
Sensex ends down 198 points at 38,106, YES Bank holds firm
MARKET WRAP: Sell-off continues, Sensex loses 199 pts, Nifty ends at 11,313
Traders’ Diary: Nifty has strong support at 11,100 level
An Evening Walk Down D-Street: Market continues downward march; Yes Bank, BPCL shine