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Sensex sinks over 200 points on weak global cues, weak rupee

The BSE Sensex ended at 35,470.35, down 219.25 points or 0.61% on Monday, and the NSE Nifty settled below the 10,800 mark at 10,762.45.

business Updated: Jun 25, 2018 16:01 IST
Press Trust of India
Press Trust of India
Press Trust of India, Mumbai
BSE Sensex,NSE Nifty,Sensex today
The BSE Sensex had soared 257.21 points in the previous session on Friday(Abhijit Bhatlekar/ Mint)

The BSE Sensex slumped over 219 points to close at 35,470.35 on Monday, amid a weak rupee and continuing trade spat between the US and China.

After a positive start, the 30-share benchmark advanced to a high of 35,806.97, but turned negative and hit a low of 35,430.11 on profit-booking and foreign fund outflows. It finally ended at 35,470.35 -- down by 219.25 points or 0.61%.

On similar lines, the NSE Nifty cracked below the 10,800-mark to hit a low of 10,753.05 intra-day, before closing at 10,762.45 with a loss of 59.40 points, or 0.55%.

Brokers said negative leads from the global markets on lingering worries about US-Chinese trade tensions and capital outflows by foreign funds mainly hit investor sentiment.

Meanwhile, foreign portfolio investors (FPIs) sold shares worth a net Rs 1,343.44 crore, while domestic institutional investors (DIIs) bought shares worth Rs 1,105.76 crore on Friday, as per provisional data.

First Published: Jun 25, 2018 10:11 IST