Sensex falls for sixth day; tanks over 200 points


Mumbai, Nov 12 (IANS): A benchmark index of Indian equities markets fell for the sixth consecutive session and tanked 209.05 points or 1.02 percent Tuesday over concerns that the US Federal Reserve may scale back its bond purchases earlier than expected.

Selling pressure was observed in banking, metal, auto, capital goods and oil and gas sectors, while only fast moving consumer goods (FMCG) saw some positive buying.

The 30-scrip S&P Sensex of the Bombay Stock Exchange (BSE), which opened at 20,510.31 points, closed at 20,281.91 points, falling 209.05 points or 1.02 percent from its previous day close at 20,490.96 points.

The Sensex touched a high of 20,584.22 points and a low of 20,262.22 points intra-day.

The S&P BSE bankex plunged 199.21 points, metal index plummeted 165.28 points, auto index tanked 191.86 points, capital goods index dipped 135.87 points and oil and gas index went down by 98.04 points. However, FMCG index inched up marginally by 36.32 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) closed trade at 60.75 points or 1 percent up at 6,018.05 points.

Major Sensex gainers were: ITC, up 0.87 percent at Rs.319.75 and Mahindra & Mahindra, up 0.71 percent at Rs.877.

Major Sensex losers were: Tata Motors, down 4.53 percent at Rs.360.05; Tata Power, down 2.70 percent at Rs.79.25; ICICI Bank, down 2.43 percent at Rs.1012.45; Tata Steel, down 2.15 percent at Rs.352.30; ONGC, down 1.76 percent at Rs.265.85 and SBI, down 1.73 percent at Rs.1,675.45.

Among the Asian markets, Japan's Nikkei closed 2.23 percent up; China's Shanghai Composite Index was up by 0.82 percent while Hong Kong's Hang Seng was down by 0.73 percent.

In Europe, London's FTSE 100 was trading 0.25 percent down, Germany's DAX Index was down 0.26 percent and the French CAC 40 Index was down by 0.30 percent.

Watch Video

 

  

Top Stories


Leave a Comment

Title: Sensex falls for sixth day; tanks over 200 points



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.