The BSE Sensex dropped by 253.30
points in late morning deals due to across the board sell-off
led by realty, bank, financials and capital goods stocks after
renewed threat of North Korea conducting another hydrogen bomb
The broader Nifty fell below 10,050-level to trade
The rupee falling to four-month lows amid FII outflows
on expectation of rate hike by the US Federal Reserve loomed
The Sensex resumed lower 32,339.50 and hovered in a range
of 32,342.81 and 32,072.31 before quoting at 32,116.74, at
1100 hrs, down by 253.30, or 0.78 per cent.
The broader Nifty fell by 99.75 points, or 0.99 per cent
to 10,022.15 at 1100 hrs.
Major losers were, ICICI Bank 2.11 per cent, Tata Steel
2.05 per cent, Infy 2.01 per cent, HeroMotoco 1.90 per cent,
Coal India 1.81 per cent and Reliance 1.59 per cent.
Foreign portfolio investors (FPIs) sold shares worth
Rs 1,204.95 crore yesterday, as per provisional data released
by the stock exchanges. While, domestic institutional
investors (DIIs) bought shares worth a net Rs 1,416.55 crore,
as per provisional data.
Overseas, Asian trading lower after North Korea's threat
that it could consider testing a nuclear weapon in the
The US stocks declined yesterday as profit booking
emerged after recent winning streak.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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