Nifty falls; blue-chips slump on profit-taking

Bs_logoImage
Reuters
Last Updated : May 26 2014 | 3:45 PM IST

Reuters Market Eye - The Nifty fell on Monday, giving up earlier gains of nearly 2 percent, due to profit-taking in blue-chips including state-run companies such as IDFC while caution ahead of Narendra Modi's ministerial appointments also weighed.

IDFC provisionally fell 5.3 percent while Tata Power Co ended 3.9 percent lower.

The Nifty lost 0.1 percent after earlier gaining 1.9 percent, while the benchmark Sensex provisionally closed 0.1 percent higher, giving up earlier gains of 1.95 percent.

(Reporting by Abhishek Vishnoi; Editing by Sunil Nair)

You’ve hit your limit of 5 free articles this month.
Subscribe now for unlimited access.

Already subscribed? Log in

Subscribe to read the full story →
Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 26 2014 | 3:38 PM IST

3 out of 5 articles left

Subscribe to read without limits
Subscribe Now