Profit-taking pulls market down; BSE Sensex suffers 110 points drop
Snapping a winning streak of last three sessions, the BSE Sensex on Tuesday slipped 110.64 points to settle at 73903.91 on profit booking by local operators even as the market experts remain bullish in view of recent GST collections and other economic indicators.
The National Stock Exchange (NSE) eased 8.70 points to close at 22,453.30.
The NSE registered days high and low at 22,497.60 and 22,388.15 points respectively.
Top gainers were Aditya Birla Cap, Oil India, SAIL, JSW EnergyZee Entertainment and Tata Technologies. While the shares in red included Vodafone Idea, Indus Towers, Supreme Industries, Nykaa, Aurobindo Pharma, Lupin and BHEL among others.
Ten shares touched their 52-week high while there was no share in the list of 52-week low today.
Yesterday the FIIs had sold in cash segment while they consolidated position in the futures buying indicating strength in the Indian markets.
The Sensex opened at 74022.30, rising 22 points. During the day it was advanced 85 points at 74099.78, days high. Later it slipped nearly 271 points at 73743.77, days low, before closing at 73903.91, sliding 110.64 points from its previous close.
The Mid cap rose by 1.14 per cent while Small Cap by 1.28 per cent. In 30 scrips, 14 advanced, while 16 declined.
(With UNI inputs)
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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