Business Economy


Sensex drops 553.12 pts

Sensex drops 553.12 pts

Mumbai, Oct 31 (UNI) The BSE Sensex on Thursday dropped further by 553.12 pts to settle at 79,389.06 as selling was seen in IT, Technology and Bankex stocks.

The National Stock Exchange (NSE) fell 135.50 pts at 24,205.35.

Sliding over 400 pts on Wednesday, the Sensex opened in green at 80,044.95, up 102 pts, which remained days high.

During the day it was nosedived 655 pts at 79,287.93, days low, before closing at 79,389.06, sliding 553.12 pts from its last close.

With this, the Sensex has crashed 979 pts in couple of sessions.

The Nifty registered days high and low at 24,372.45 and by 24,172.60 pts respectively.

The stocks were tumbled down were IT by 2.55 pc, Technology by 2.34 pc and Bankex by 0.65 pc.

The Mid cap fell 0.34 pc while Small cap rose by 1.62 pc.

In 30 scrips, 8 advanced, while 22 declined.

The losers were Tech Mahindra fell by 4.41 pc to Rs 1610.50, HCL Technology by 3.61 pc to Rs 1773.15, TCS 2.71 pc to Rs 3975 and Asian Paints by 2.28 pc to Rs 2928.75.

The gainers were HDFC Bank by 0.06 pc to Rs 1736 and Sun Pharma by 0.01 pc to Rs 1852.55.

Mixed trend was seen in Asian Market as Set Composite was up by 1.29 pc, Jakarta Composite by 0.06 pc and Shanghai Composite by 0.41 pc.

While, Hang Seng fell by 0.31 pc and Kospi by 1.47 pc.

UNI NV GNK

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