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Sensex tanks 284 pts, ends in red for sixth day

Press Trust of India  |  Mumbai 

The plunged over 284 points today to close at a three-month low of 33,033 on heavy selling in banking stocks amid negative global cues. Overseas markets were shaky as global trade war concerns intensified after the resignation of Gary Cohn, brokers said. The 30-share Sensex tumbled by 284.11 points or 0.85 per cent to end at 33,033.09, its lowest closing since December 7, after shuttling between 32,991.14 and 33,331.21 as infrastructure, power, capital goods, PSU, healthcare, banking, and nosedived. The index had lost 1,128.55 points in the previous five sessions. The broader NSE Nifty dipped below the 10,200-mark to finish at 10,154.20, down by 95.05 points, or 0.93 per cent. Meanwhile, domestic institutional investors (DIIs) net sold shares worth Rs 734.33 crore, while foreign portfolio investors (FPIs) bought shares to the tune of Rs 620.08 crore yesterday.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 07 2018. 16:05 IST
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