Sensex snaps 3-day gaining spree, tumbles 256 points
21 Nov 2013 11:58 PM GMT
The S&P BSE benchmark sensex on Wednesday snapped its three-day gaining spree tumbling by 256 points on hectic profit-booking from operators mainly in banking, refinery, IT and capital goods sectors triggered by weak global advices despite persistent capital inflows.
Overall, 26 scirps out of the 30-share Sensex pack ended lower while others finished higher. Sharp fall heavyweights like ICICI Bank, RIL, Infosys and HDFC Bank together contributed over 100 points to the sensex fall.
Other heavyweights like L&T, HDFC, ITC, Bharti Air, HUL, Tata Motors and SBI also suffered losses. The sensex resumed lower at 20,857.01 and moved down further to 20,579.94 before ending at 20,635.13, disclosing a loss of 255.69 points or 1.22 per cent.
It had gained by 696.42 points or 3.45 per cent in the last three trading sessions. The National Stock Exchange of India’s (NSE) 50-share Nifty too fell by 80.45 points or 1.30 per cent to finish at 6,122.90.
Barring S&P sectoral BSE-Metal, which firmed up by 0.16 per cent other indices like BSE-Bank, BSE-CD, BSE-Auto, BSE-Teck, BSE-CG and BSE-Refinery dropped by 1.76 per cent to 1.15 per cent.
Overall, 26 scirps out of the 30-share Sensex pack ended lower while others finished higher. Sharp fall heavyweights like ICICI Bank, RIL, Infosys and HDFC Bank together contributed over 100 points to the sensex fall.
Other heavyweights like L&T, HDFC, ITC, Bharti Air, HUL, Tata Motors and SBI also suffered losses. The sensex resumed lower at 20,857.01 and moved down further to 20,579.94 before ending at 20,635.13, disclosing a loss of 255.69 points or 1.22 per cent.
It had gained by 696.42 points or 3.45 per cent in the last three trading sessions. The National Stock Exchange of India’s (NSE) 50-share Nifty too fell by 80.45 points or 1.30 per cent to finish at 6,122.90.
Barring S&P sectoral BSE-Metal, which firmed up by 0.16 per cent other indices like BSE-Bank, BSE-CD, BSE-Auto, BSE-Teck, BSE-CG and BSE-Refinery dropped by 1.76 per cent to 1.15 per cent.
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