BSE Sensex Loses 80 Points, Nifty Slips below 8,250 Points

A day after crashing 160 points, the barometer index of the Indian equities markets closed around 80 points or 0.29 percent down in Wednesday’s trade session.

Heavy selling was observed in metal, healthcare, banking, oil and gas and fast moving consumer goods (FMCG), while healthy buying was seen in information technology (IT), automobile, technology, entertainment and media (TECK) and capital goods scrips.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 27,432.14 points, closed at 27,346.82 points, down 78.91 points or 0.29 percent from the previous day’s close at 27,425.73 points. The Sensex had touched a high of 27,512.80 points and a low of 27,203.25 points in the intra-day trade.

The S&P metal index tanked 359.80 point, followed by healthcare index which was lower by 133.49 points, banking index lost 99.04 points, oil and gas index fell by 59.95 points and FMCG index slipped by 50.87 points. However, IT index was up 116.83 points, automobile index gained 71.96 points, TECK index rose by 47.36 points and capital goods index was up 30.08 points. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed the day’s trade in red. It was down 21.85 points or 0.26 percent at 8,277.55 points. (IANS)