BusinessIndia

Sensex falls 243.62 pts

Mumbai: The BSE Sensex on Tuesday lost another 243.62 pts to close at 47,705.80 as selling was seen in IT, Technology, Finance, Materials and FMCG stocks.

The Nifty too fell by 63.05 pts to 14,296.40.

High volatility was witnessed during the day.

Sliding over 800 pts on Monday, the sensex opened higher by 524 pts to 48,473.04. It surged 529 pts to 48,478.34 days high.

Later, it was tanked nearly 511 pts to 47,438.50, days low, before closing at 47,705.80, still down by 243.62 pts from its previous close.

The sensex registered days high and low at 48,478.34 and 47,438.50 pts respectively.

The Nifty recorded days high and low at 14,526.95 and 14,207.30 pts respectively.

The sectoral indices like IT, Technology, Finance, Materials and FMCG stocks kept the equity market under pressure for another day. The scrips that fell were Ultracemco a top loser, down by 4.89 pc to Rs 6191.

Other losers were HCL technologies by 3.56 pc to Rs 961.40, HDFC by 3.42 pc to Rs 2408.40, Tech Mahindra by 1.93 pc to Rs 981.45 and HDFC Bank by 1.55 pc to Rs 1390.

However, the scrips that tried to balance the market were Dr Reddy was up by 3.42 pc to Rs 5140.65, Bajaj Finserv by 3.33 pc to Rs 9786, Bajaj finance by 2.66 pc to Rs 4597, Bajaj Auto by 2.02 pc to Rs 3590 and M& M by 1.89 pc to Rs 809.70.

The Mid Cap was moved up by 0.49 pc and Mid Cap by 0.49 pc. In 30 scrips, 16 advanced while 14 declined.

 

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