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Sensex down 143.30 pts
Image credit : UNI

Sensex down 143.30 pts

India Blooms News Service | @indiablooms | 27 Feb 2020, 02:19 pm

Mumbai/UNI: Extending losses for the fifth straight session, the BSE Sensex on Thursday slipped by 143.30 points to settle at 39,745.66 as heavy selling was witnessed in Energy, IT, Realty, Power and Oil and Gas stocks.

The National Stock Exchange (NSE) too eased by 45.20 points to 11,633.30. The Nifty registered days high and low at 11,633.85 and 11,536.70 points respectively.

Further, expiry of futures & options (F&O) contracts for February series, too, added volatility to the stocks.

High volatility was seen during the day, though the day opened on a positive note at 39,947.80, it nosedived nearly 465 points to 39,423.27 days low, in late trade it slightly improved from day low and settled at 39,745.66, sliding by 143.30 points from its last close.

The sectoral indices like Energy, IT, Auto, Power, Realty and Technology kept the market under pressure for today also. The scrips include ONGC, HCL Tech, M & M, SBI and IndusInd Bank were dropped during the day.

In the broader market, the S&P BSE MidCap index fell 0.65 per cent to close the session at 15,072 while the S&P BSE SmallCap index lost 120 points or 0.83 per cent to close at 14,209.

Market breadth were tilted in favour of declines as out of 2,589 companies traded on the BSE, 1,578 declined and 849 advanced while 162 remained unchanged.

The market was remained negative today as oil prices fell and US Treasuries rallied into record territory as more signs of the global spread of the coronavirus heightened fears of a pandemic.

(Image credit : UNI)

 

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