Sensex slips over 55 points in early trade

Sensex slips over 55 points in early trade  Mumbai:  The benchmark sensex on today closed 55.16 points lower at 25,313.74 on caution ahead of monthly derivatives expiry and volatile global oil prices due to continued violence in crude producer Iraq.

After opening in positive zone, the BSE sensex slipped on selling in heavy-weight stocks, to close lower by 55.16 points, or 0.22%, at 25,313.74. Intra-day, it moved between 25,427.80 and 25,274.39.

The gauge had rallied 337.58 points in the previous session as fall in crude prices had eased inflation concerns.

In the 30-scrip Sensex, 14 stocks, led by RIL, declined. They include ICICI Bank, Bharti Airtel, Axis Bank, HDFC Bank and L&T. On the other hand, 16 sensex constituents gained.
The BSE Auto index ended in positive zone with a rise of 0.76%. Sectorally, the BSE Oil and Gas index fell the most (0.79%), followed by Capital Goods (0.70%), Banking (0.43%) and FMCG index.

On the other hand, BSE Small Cap index closed 0.35% higher and BSE Mid Cap index by 0.52%.

Bureau Report

Be the first to comment

Leave a Reply

Your email address will not be published.


*