Sensex, Nifty dip on Reliance Industries' share crash; Vodafone Idea, Yes Bank, Bharti Airtel stocks dip
The BSE Sensex dipped 297 points and closed at 41,163 levels after the Closing Bell while the 50-stocks Nifty index crashed 88 points and closed at 12,126 levels. Bank Nifty index 283 points and closed at 31,997 levels.
The market has finally triggered profit-booking which was long-awaited after the sharp rally in the previous week. Nifty has strong support at 12,070 and a further dip in Nifty should be seen as a buying opportunity. Photo: Reuters