Sensex Falls Over 280 Points, Banks In Focus
Suparna / 30 Jan 2014
The BSE Sensex continued with its falling trend from the morning session. Both Sensex and Nifty were down by more than 1%. All the sectors were trading in red apart from Consumer Durables. Banking sector was the biggest loser.
The Indian markets witnessed heavy sell-off in mid-session. Sensex & Nifty continues to trade down over 1% respectively on the F&O expiry day for the month of January. The Nifty crashed by 83 points at 6037 and the Sensex by 277 points at 20369. Both the indicators were down more than 1.35% each.
The advance-decline ratio is on the negative side. On the NSE, 1036 shares are in the green and 2160 shares are in red.
Top Nifty Gainers: Bharti Airtel is leading the gainer list so far up by 2.38%, followed by GAIL, Lupin, M&M and Power Grid Corp.
Top Nifty Losers: Sesa Sterlite is leading the losers list so far down by 5.24%, followed by Bank of Baroda, Tata Steel, Jaiprakash Asso and DLF.
All the sectors were trading in red apart of Consumer Durable. Bankex was the top loser down by 321 points, followed by Metal and FMCG which were down by 267 points and 110 points respectively. Mid-Caps and Small-Caps also tumbled in this negative scenario down by 111 points and 98 points respectively.
The Asian markets were also trading on a negative note. Nikkei was down by 376 points, followed by Hang Seng which is down by 106 points. The Straits Times and Taiwan were trading in red.
Buzzer:- Bank Of India, stock slumped 10.21% after bank disappointed street with the third quarter result.
Nifty Future continued to fell down its broke 6050 level which is indicating more pain ahead.
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