Sensex ends below 200 points; on Brexit fears
Brexit fear has shrinked all the gains of Indian equity market. There was no relief in Thursday's trading session, except PSU banks, remaining all sectors tumbled. At 3.05 pm, Sensex continues to slump 206.88 points or 0.77% at 26,519.46, while NSE was down by 70 points at 8,136.20.
Maruti Suzuki dips on Japan currency depreciating. Shares of the company slumps by 2.62% at Rs. 4,069.70.
There is heavy selling under bluechip companies. On BSE, bluechip stocks were trading in red, with ITC at Rs. 352.50 (2%), ICICI Bank at Rs. 239 (1.79%), Larsen & Tourbo at Rs. 1,486 (1.59%), HDFC at Rs. 1,189.50 (1.36%) and Reliance Industries at Rs. 971 (1.16%).
Strong move on State Bank associates on Cabnets approval for merger. State Bank of Maysore is trading at Rs. 652 surging by 19%, highest among SBI subsidiaries. State Bank of Bikaner and Jaipur and State Bank of Travancore both up by 15%, trading at Rs. 691.20 and Rs. 552.90 respectively. However, their parent State Bank of India is trading marginally down at Rs. 215.30.