Sensex down 170 points; auto, realty turn drags


Mumbai, Jan 25 (IANS): Key equity indices ended in the red after heavy selling pressure in the final hours of the trade session on Friday, with realty sector losing over 4 per cent and the auto stocks closing 3 per cent lower.

The selling pressure intensified after Maruti Suzuki reported its third quarter results which missed estimates. The auto major's net profit declined by 17 per cent, leading to a dip of over 7 per cent in the auto major's stock.

The BSE Sensex lost 169.56 points or 0.47 per cent to close at 36,025.54. It touched an intra-day high 36,474.48 and a low of 35,953.15 points.

The Nifty50 slipped below the 10,800-mark, down 69.25 points or 0.64 per cent at 10,780.55.

Stocks-wise, Yes Bank gained the most on the Sensex, followed by HCL Tech, Bharti Airtel, TCS and Vedanta.

In contrast, Maruti Suzuki turned out to be the top loser on Sensex with 7.40 per cent fall. Hero MotoCorp, Tata Motors (DVR), ICICI Bank and Asian Paints declined in the range of 2 to 4.23 per cent.

  

Top Stories


Leave a Comment

Title: Sensex down 170 points; auto, realty turn drags



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.