Sensex dips 190 points, below 26,000 level

Posted by On January 04, 2016 0 Comment

The Sensex tumbled over 190 points to crack the 26,000-mark in early trade as participants took to profit-booking after two sessions of gains amid weak Asian cues on tensions in the Middle-East.

In addition, the rupee depreciating against the dollar by 21 paise to 66.35 and surge in global crude prices hit the market mood.

The 30-share index slipped below the 26,000-mark by falling 190.25 points or 0.72 per cent to 25,970.65 as banking, metals, FMCG, oil and gas, PSU and IT sector indices were trading in negative territory, with losses up to 0.71 per cent.

The gauge had advanced by 201 points in the previous two sessions. The Nifty declined by 48.55 points or 0.61 per cent at 7,914.65.

Among other Asian markets, Japan’s Nikkei plunged 2.59 per cent, while Hong Kong’s Hang Seng was down by 1.22 per cent in early trade. Shanghai Composite Index fell 3.94 per cent.

Kindly send reply or comments on this topic to [email protected]
Source:Thehindu

Sensex

Sensex

TOPICS