Indian Stock Markets ended about 3 &1/2 months lows on Tuesday, reacting on the back of broad-based selloffs over European debt fears to over a widening debt crisis in Europe and rising hostility between South and North Korea. Stocks from metals(-5.10%), capital goods(-3.09%) and banks(-2.62%) were amongst the worst beaten sectors.
National Stock Exchange’s Nifty ended at 4806.75, down 137.20 points or 2.78 per cent. The index breached the crucial support of 4800 and touched an intraday low of 4786.45.
Bombay Stock Exchange’s Sensex closed at 16,022.48, down 447.07 points or 2.71 per cent. The 30-share index fell below 16,000 to touch an intra-day low of 15,960.15.
Bombay Stock Exchange’s Sensex closed at 16,022.48, down 447.07 points or 2.71 per cent. The 30-share index fell below 16,000 to touch an intra-day low of 15,960.15.
Heavyweight Reliance Industries slipped 3.6%. GAIL, BPCL and Cairn India from oil & gas space lost 1-2.5%. SAIL, Jindal Steel, Tata Steel, Sterlite Industries and Hindalco from metal segment tumbled 4.6-6.6%.
Ref: CapitalVia
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