Sensex dips below 16k, down by 204 pts | business | Hindustan Times
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Sensex dips below 16k, down by 204 pts

The 30-share index, which has regained the 16,000 level on Wednesday, tumbles by 203.80 pts to 15,883.03 in early trade.

business Updated: Mar 27, 2008 12:41 IST

The Bombay Stock Exchange benchmark Sensex lost 204 points and moved below the 16,000 level in early trade on Thursday on emergence of profit booking by funds.

The 30-share index, which has regained the 16,000 level on March 25, tumbled by 203.80 points to 15,883.03 in the first five minutes of trade.

The wide-base National Stock Exchange Index, Nifty, also lost 59.25 points to 4,769.60.

Selling pressure was more confined to banking and auto stocks, marketmen said.