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Sensex down by 261.84 points

| @indiablooms | May 05, 2020, at 08:17 pm

Mumbai/UNI: The BSE Sensex on Tuesday lost another 261.84 points, to close at 31,453.51 in highly volatile trade on heavy selling in Realty, Bankex, Finance and FMCG stocks, despite positive Asian market.

The nifty of National Stock Exchange too fell by 87.90 points to 9,205.60. The nifty registered day's high and low at 9,450.90 and 9,190.75, respectively.

Sliding by 2002 points on Monday, the Sensex recovered by 467 points to open at 32,182.90.

During the day, it jumped nearly 549 points to 32,264 day high.

Later, it erased earlier gains and went in red, as it tumbled down nearly 312 points to 31,403.57 day low before closing at 31,453.51, down by 261.84 points from it's previous close.

The market remained under pressure because of heavy selling in Realty, Bankex, Finance, Health care and FMCG stocks.

In scrips, main draggers were SBI, Bajaj finance, Asian paints and Axis Bank etc.

In 30 scrips, 9 advanced while 21 declined.

Asian stocks rose on Tuesday, tracking a late Wall Street rally as governments eased coronavirus lockdown.

In Asian Market, SCI’s Japan rose 0.84 per cent. The gains were led by Australia’s ASX 200, which rose 1.42 per cent. Hong Kong’s Hang Seng climbed 0.84 per cent.

Oil prices jumped again on hopes for a recovery in vehicle traffic and fuel demand, as some US states and countries in Europe and Asia start to ease coronavirus lockdown measures.

 

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