Mumbai, India (BBN)– The 30-share Sensex closed the day at 27,811.84, down 84.13 points. However, the index ended 496 points higher for the week.
The fall came amid selling in the banking stocks after the Reserve Bank of India (RBI)’s stress test suggested a likely rise in bad loans for private sector lenders.
The broader 50-share Nifty ended 16.90 points down at 8,381.1 after reclaiming the crucial psychological level of 8,400 in intraday trade.
18 of 30 stocks on Sensex ended the day in red.
At 03:40 pm, BSE Sensex traded 84.13 or 0.30 per cent points down at 27811.84, while NSE Nifty traded 15.50 points or 0.18 per cent down at 8382.50.
At 03:00 pm, BSE Sensex traded 100.89 or 0.36 per cent points down at 27795.08, while NSE Nifty traded 19.45 points or 0.23 per cent down at 8378.55.
At 12:58 pm, BSE Sensex traded 149.07 or 0.53 per cent points down at 27746.90, while NSE Nifty traded 54.0 points or 0.65 per cent down at 8343.70.
The 30-share index Sensex resumed higher at 27,880.72 and hovered in a range of 27,921.86 and 27,722.14 before quoting 27,843.02 at 1045 hrs, down by 52.95 points or 0.19 per cent.
The 50-share Nifty also down by 12.55 points or 0.15 per cent to 8,385.45 at 1045 hours.
Major losers were, GAIL 2.08 per cent, BHEL 2.01 per cent, Vedanta 1.92 per cent, HDFC 1.57 per cent, ICICI Bank 1.36 per cent, Hindalco 1.27 per cent and Bharti Airtel 1.23 per cent.
However, Infosys gained 1.90 per cent, Dr Reddy’s 0.96 per cent, Cipla 0.88 per cent, M&M 0.83 per cent and RIL 0.76 per cent.
BBN/SSR/AD
