Sensex snaps 4-day winning spree, ends 62 points lower at 20,224
21 May 2013 12:04 AM GMT
The S&P BSE benchmark Sensex snapped its 4-day winning streak, ending lower by 62 pts to 20,223.98 on fresh selling pressure by investors mainly in pharma, consumer durable, banking and refinery counters despite firm global cues.
Fall in the sensex-based heavyweights like ICICI Bank, ONGC, Bharti Airtel, HDFC, HDFC Bank and RIL mainly weighed on the market.
The Sensex resumed slightly lower at 20,277.76 and hovered in a wide range of 20,443.62 and 20,186.66 before ending at 20,223.98, showing a net loss of 62.14 points or 0.31 per cent from its last close. It had gained by 594.45 points, or 3.01 per cent, in last four trading sessions. The NSE 50-share Nifty also dropped by 30.40 points or 0.49 pct to 6,156.90. It touched an intra-day high of 6,229.45 after 11 November, 2010.
Fall in the sensex-based heavyweights like ICICI Bank, ONGC, Bharti Airtel, HDFC, HDFC Bank and RIL mainly weighed on the market.
The Sensex resumed slightly lower at 20,277.76 and hovered in a wide range of 20,443.62 and 20,186.66 before ending at 20,223.98, showing a net loss of 62.14 points or 0.31 per cent from its last close. It had gained by 594.45 points, or 3.01 per cent, in last four trading sessions. The NSE 50-share Nifty also dropped by 30.40 points or 0.49 pct to 6,156.90. It touched an intra-day high of 6,229.45 after 11 November, 2010.
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