Sensex sheds 219 points

Mumbai: The BSE benchmark Sensex fell sharply by over 219 points in opening trade today on fresh selling by foreign funds and retail investors, taking cues from weak Asian markets. The 30-share barometer, which gained nearly 240 points in the previous two sessions, fell by 219.10 points, or 1.19 per cent, to 18,106.99 in the […]

Odishatv Bureau
  • Published: Wednesday, 25 May 2011
  • Last updated: 25 May 2011, 04:25 AM IST

Recommended Stories

Bank holidays in May 2024: Banks to be shut for 13 days, check full list
India saw 455 deals worth $25.6 bn in 1st quarter this year: Report
India to become one of biggest chip hubs in next 5 years: Union IT Minister Ashwini Vaishnaw
India's 1st bullet train set to run in 2026: Railways Minister Ashwini Vaishnaw
Govt bonds worth Rs 32,000 crore to be auctioned on April 26: Finance Ministry
Lok Sabha Elections: RBI asks payment firms to report suspicious fund transfers
Mumbai: The BSE benchmark Sensex fell sharply by over 219 points in opening trade today on fresh selling by foreign funds and retail investors, taking cues from weak Asian markets.

The 30-share barometer, which gained nearly 240 points in the previous two sessions, fell by 219.10 points, or 1.19 per cent, to 18,106.99 in the first few minutes of trade today.

Stocks of metals, banking, IT, auto and realty companies were under pressure, dragging down the Sensex.

Similarly, the wide-based National Stock Exchange Nifty index slid by 69.35 points, or 1.26 per cent, to 5,417.

Market experts said the trading sentiment turned bearish amid a subdued trend on other Asian bourses and profit-booking by speculators after two sessions of gains.

In the Asian region, Hong Kong`s Hang Seng index shed 1.73 per cent and Japan`s Nikkei was trading 1.34 per cent down this morning. In the US, the Dow Jones Industrial Average ended 0.74 per cent lower in the previous session on Friday.

scrollToTop

Copyright © 2024 - Odisha Television Limited All Rights Reserved.