Advertisement

HindustanTimes Thu,02 Oct 2014

Intra-day: Sensex tumbles by over 191 points

PTI  Mumbai, July 24, 2008
First Published: 16:21 IST(24/7/2008) | Last Updated: 16:22 IST(24/7/2008)

The Bombay Stock Exchange benchmark Sensex snapped a five-day long surge and tumbled by over 191 points at mid-session today on heavy profit selling by funds and investors at existing higher levels.

Advertisement

After gaining 188 points in the opening session, the Sensex fell back to reveal a loss of 191.18 points at 14,751.10 at 1300 hrs. The Sensex gained nearly 2,370 points in the last five sessions.

The second wide-based National Stock Exchange index Nifty fell by 45.50 points at 4431.30, after touching a high of 4539.45 points in the opening session as stocks in technology and capital goods segments recorded heavy losses.

"The market facing heavy profit-booking at existing higher levels and before the announcement of inflation data this evening," said a BSE broker Ratnesh Gupta.

He said the inflation data is expected to rise near 12 per cent.


Advertisement
more from Business

Vijay Mallya has to clear loan defaults to serve as USL chairman: Diageo

Loan default cases against Vijay Mallya and his UB Group may cast a shadow over his continuation as chairman of United Spirits Ltd in the future, with its current parent, UK-based Diageo, making it clear in a statement from its headquarters in London.

markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved