Sensex ends almost 150 points down as Wall Street drags global markets

Sensex plunges 200 points in early trade IDBI Bank in focus

Sensex plunges 200 points in early trade IDBI Bank in focus

At 0919 hours BSE Sensex was trading at 31,635.17, down 174.38 points or 0.55%, while NSE Nifty was trading at 9,889.60, down 62.60 points or 0.63%.

Market breadth was negative with 513 advances against 846 declines.

The Sensex opened lower on Wednesday amid heightened tensions between North Korea and the U.S. as investors stayed away from risky assets leading to a fall in global markets.

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He now works as a professor of Korean Unification, Diplomacy and Security at Seoul's Korea University. Kim Jong Il died in December 2011 .

Sun Pharma (2.21 percent) was the top loser on the BSE followed by Oberoi Realty (2.15 percent) and Religare (2.13 percent) on the BSE.

"Reliance Industries (RIL) was up 1 per cent at Rs 1,650, extending its 6.6 per cent surge in past five trading sessions on BSE, after the company fixed September 9 as the record date for 1:1 bonus issue".

Among midcaps, Just Dial rallied 5 percent as HDFC MF bought 4.6 percent stake in the company through block deals. The stock had also outperformed the market over the past one quarter, gaining 14.29% as against the Sensex's 1.6% rise.

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The Nifty50 fell by 61.55 points, or 0.62 per cent, to close at 9,912.85 points, while the Sensex witnessed a fall of over 300-points during the day's trade to close at 31,702.25 points - down 189.98 points or 0.60 per cent. Meanwhile, among the regional markets - Japan's Nikkei 225 fell 0.1% to 19,357.97 points and South Korea's Kospi was down 0.3% to 2,319.82 points.

Shanghai dropped 0.4% while Hong Kong's Hang Seng retreated 1%.

The rupee stoked more worries, slumping to a three-week low against the dollar during the day. The pan-European Stoxx Europe 600 index ended 0.1 percent lower at 373.71 after rising as much as half a percent earlier in the session. As per PTI reports, USA stocks closed firmly lower on Tuesday as investors focused on heightened tensions between the West and North Korea and worries about a lack of progress on President Donald Trump's pro-growth agenda. Indiabulls Housing, UltraTech Cement and Hindalco Industries gained 1-2 percent while HDFC and HDFC Bank ended with moderate gains.

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