Stocks were a bundle of nerves today

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as the Sensex plunged over 287 points and the Nifty broke

below the 9,900-mark in opening trade on persistent concerns

about US-North Korea tug-of-war amid foreign capital exit.

All sectoral indices were in the red, dragged down by

capital goods, metal, consumer durables and healthcare,

falling by up to 2.03 per cent.

The BSE 30-share barometer tumbled 287.50 points, or 0.90

per cent, to 31,634.94. The gauge had slumped 501.22 points in

the previous four sessions.

Also, the 50-share NSE Nifty was trading down by 99.80

points, or 1 per cent, at 9,864.60.

Traders said that apart from continuous foreign funds

outflows, selling by retail investors amid lingering North

Korea tensions led to a further drop in the Sensex.

Foreign portfolio investors (FPIs) sold shares worth a

net Rs 1,241.73 crore on Friday, showed provisional data

released by the stock exchanges.

Major losers pulling down the key indices were Adani

Ports, Lupin, Axis Bank, Tata Steel, SBI, L&T, Kotak

Bank, Maruti Suzuki, Sun Pharma, Hero MotoCorp, Coal India and

ONGC, declining up to 3.14 per cent.

Hong Kong's Hang Seng fell 1.16 per cent while Shanghai

Composite shed 0.38 per cent in early trade today.

Japan's Nikkei, however, was up 0.58 per cent.

The US Dow Jones Industrial Average ended 0.04 per cent

down on Friday.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)