Sensex sinks 300 points to close below 35k-mark

However, forex participants did not rule out the possibility of rupee touching 70-level mark against the USA dollar in the coming months as the underlying sentiments still remains weak.

Stocks suffered modest losses as Brent crude oil prices moved nearthe United States dollars 80 per barrel mark as supplies tightened and demand remained strong.

The political cauldron in Karnataka remained on the boil, with the Supreme Court asking BJP's B S Yeddyurappa government to prove its majority in the assembly tomorrow.

Trend at other Asian markets, however, was better as investors kept a cautious watch on developments in US-China trade negotiations. The broader 50-stock Nifty closed 4.75 points lower at 10,801.85.

Wipro and Tata Consultancy Services were the top gainers on the two indices, while ICICI Bank saw its shares decline the most on both the Sensex and the NSE Nifty.

Banned Ozone-Harming Gas Creeps Back, Suggesting a Mystery Source
By the end of the year, the Montreal Protocol was signed in a global effort to ban the products and heal the ozone layer. In 2013, plumes of air containing elevated levels of CFC-11 were detected at the Mauna Loa observatory in Hawaii.

The 30-share Sensex resumed higher at 35,483 and advanced to a high of 35,510.

On the other hand, consumer durables rose 1.37%, realty 0.41%, infrastructure 0.28%, capital goods 0.24% and oil and gas 0.08%. However, it slipped on profit-booking and touched a low of 35,087, before finally settling at 35,149, down 238 points, or 0.67 per cent.

Foreign portfolio investors (FPIs) net sold shares worth Rs 830.94 crore, while domestic institutional investors (DIIs) bought equities to the tune of Rs 428.92 crore yesterday, provisional data from stock exchanges showed.

The S&P BSE mid-cap fell by 0.27 per cent, whereas the S&P BSE small-cap ended a tad higher, by 0.06 points from its previous close.

Scrip-wise, fraud hit Punjab National Bank's (PNB) stocks slumped around 14 per cent (intra-day) on Wednesday, a day after the bank reported a loss of over Rs 13,000 crore for the fourth quarter of 2017-18.

(Copyright © 2015. All Rights Reserved.)

Sanctions on Iran and Venezuela May Empower US Rivals
Philly Fed index climbed 11.2 points 34.4 in May, much stronger than expected, after edging up 0.9 points to 23.2 in April. And with Washington targeting transactions made in dollars, the yuan could be used to skirt around the new rules.

Ebola begins reaching cities in DRC
More than 4,000 doses have arrived in Congo this week, with more on the way, and vaccinations are expected to start next week. A total of 44 cases have now been reported, including 23 deaths, according to the World Health Organization.

U.S. demands North Korea ship out nuclear warheads within 6 months
South Korea believes North Korea remains committed to improving relations despite strongly criticizing Seoul over ongoing U.S. North Korea has long feared that the United States would force a regime change in the country.

Yanny or Laurel? Trump weighs in on raging internet debate
There's a simple explanation for why people perceive one thing so differently and science can explain it. Seemingly, the same audio is being heard in different ways by different people, at the same time.

US Air Force Sorry For 'Poor' Yanny/Laurel Joke About Afghan War
Pentagon social media accounts have sometimes been used to send strong, although usually more subtle, messages to US adversaries. The Taliban has claimed that it has taken control of the city, but the USA and Afghan governments deny that.

Marvel Pioneer Stan Lee Sues Company $1bn
When he had first formed POW!, it was meant to be a mere holding company for his vast property used for comics and animation. However, the document that ultimately was signed granted an exclusive right, against Lee's wishes, according to the suit.

Kilauea Spews Boulders in 5-Mile-High Eruption
This is because Kilauea is a so-called shield volcano, which is typically broader in shape and has lava that is relatively fluid. Dramatic photos show lava pouring into residential neighborhoods around a series of volcanic fissures that have opened.

Mohamed Salah not a fan of Messi and Ronaldo comparisons
I will not be better anywhere else, this is the best team in the world. "We want to overcome that barrier". Neymar headed to PSG in a shock €222m move last summer that smashed the world-record transfer fee.

FG charges Eagles to aim beyond second round in Russian Federation
"I have no reservation that the list is a good one and provisionally the best for the country for now, " he said. This Lokosa boy I don't know him. " I'm never going to the camp for fun," he said.

Meghan Markle Confirms Dad Won't Attend Wedding
In most of the weddings here in England, they have children rather than the bridesmaids and grooms that we have in America". Sales of everything from flags and biscuits to tea towels emblazoned with the couple's pictures were brisk.

Nadal dominates in Rome opener
Defending champion Alexander Zverev needed eight match points before completing a 7-5, 7-6 (11) win over Kyle Edmund. Men: Third round: Rafael Nadal bt Denis Shapovlov 6-4, 6-1; Fabio Fognini bt Peter Gojowczyk 6-4, 6-4.

'No flats policy': Kristen Stewart ditches heels on Cannes Red Carpet
Emily Blunt also protested this rule and spoke out against it saying that everyone should wear flats and shouldn't wear heels. Does he have to wear heels?' It can work both ways.

Boom or Bust? Is there any value in Walmart Inc. (NYSE:WMT)?
Thomson Reuters had been forecast revenue to amount to $120.51 but it instead came in at $122.69 billion. The company now has an insider ownership of 0.9 Percent and Institutional ownership of 30.7 Percent.

Donald Trump again accuses Barack Obama of spying on him, without evidence
Wow, word seems to be coming out that the Obama FBI "SPIED ON THE TRUMP CAMPAIGN WITH AN EMBEDDED INFORMANT". In terms of whether there actually was an informant, Giuliani said he didn't really know.

Machine gun fire from Gaza hits Israeli homes; IDF attacks Hamas post
A senior Hamas official said 50 of those killed were members of the militant group. Some 116 Palestinians have been killed since the protests began.

More News

More News