Indian Market: Sensex down 505.19 pts
Mumbai: The BSE Sensex on Friday, the last session of the weak dropped 505.19 pts to settle at 65280.45 as selling was witnessed in BSE services, Utilities, FMCG and Power stocks amid weak Asian Market.
The Nifty too fell 165.50 pts at 19,331.80.
With yesterday's historic high, the Sensex today opened on a negative note at 65,559.41, fell 230 pts. During the day it was lost ground by 611 pts at 65,174, days low, before closing at 65,280.45, slumping 505.19 pts from its last close.
Heavy selling in BSE services, Utilities, FMCG and Power dragged the market today.
BSE services declined by 1.72 pc followed by Utilities by 1.63 pc, Power by 1.61 pc and FMCG by 1.45 pc.
In scrips, Powergrid was a major loser, down 2.61 pc to Rs 256, IndusInd Bank by 2.25 pc to Rs 1358, NTPC by 2.14 pc to Rs 192.35, Hind Unilever by 2.10 pc to Rs 2700 and Bajaj finance by 2.01 pc to Rs 7615.
While the gainers were Tata Motors rose by 3.51 pc to Rs 621.90, Tata Motors by 1.06 pc to Rs 3138.75, M& M by 0.63 pc to Rs 1558 and SBI by 0.05 c to Rs 592.60.
The Mid cap declined 0.26 pc while Small cap rose 0.28 pc.
In 30 scrips, 4 advanced while 26 declined.
In Asian Market, Nikkie fell by 1.19 pc, Straight Time by 0.35 and Hang Seng by 0.91.
(With UNI Inputs)
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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