Monday, Apr 15 2024 | Time 05:15 Hrs(IST)
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Business Economy


Sensex tanks over 700 pts

Mumbai, Feb 8 (UNI) The BSE Sensex dropped 749 pts at 71,405.38 till noon trade on Thursday, after the RBI decision to keep the key rates unchanged in its Monetary Policy that announced today.
The National Stock Exchange (NSE) slipped 184.90 pts at 21,745.60.
The NSE registered days high and low at 22,011.05 and 21,709.15 pts respectively.
The day started on a strong note at 72,473.42, up 321 pts, intra days high.
After announcing the RBI Monetary policy by RBI Governor, Shaktikanta Das that keeping the key rates unaltered, the equity market nosedived 749 pts at 71,405.38 till noon.
The stocks that dragged the market were FMCG by 1.23 pc followed by Bankex by 1.09 pc, Auto by 0.81 pc and Financial Services by 0.82 pc.
The Mid Cap was gained 0.33 pc while Small Cap eased by 0.30 pc.
In 30 scrips, 4 advanced while 26 declined.
The losers were Axis Bank by 2.72 pc to Rs 1039.90, ICICI Bank by 2.47 pc to Rs 998.50, Nestle India Ltd by 2.38 pc to Rs 2439.53 and Kotak Bank by 1.90 pc to Rs 1759.45.
The gainers were Powergrid by 4.72 pc to Rs 280.60, SBI by 3.58 pc to Rs 699.35 and HCL Technology by 0.53 pc to Rs 1623.15.
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