Odisha News Insight

Trade Data subdues Sentiments; BSE Sensex down 189 Points

BSE Sensex InvestmentMumbai, Aug 17: A sharp fall in last month’s trade data subdued investor sentiment, leading to a barometer index of the Indian equity markets closing 189 points down on Monday.

The barometer 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE) fell by 0.67 percent as profit bookings followed a healthy rally on August 14.

The Sensex had rallied 518 points on August 14, on the back of expectations of further economic reforms and healthy macro-data.

Bearish sentiments also ruled on the wider 50-scrip Nifty of the National Stock Exchange (NSE). It ended the day’s trade 41.25 points or 0.48 percent down at 8,477.30 points provisionally.

The S&P BSE Sensex which opened at 28,093.54 points, closed at 27,878.27 points provisionally (at 3.35 p.m.) — down 189.04 points or 0.67 percent from the previous day’s close at 28,067.31 points.

The BSE Sensex touched a high of 28,095.97 points and a low of 27,739.13 points in the intra-day trade.  (IANS)