Sensex drops over 150 pts; Nifty below 11,800

DN Bureau

 Domestic equity benchmark BSE Sensex fell over 150 points Friday dragged by losses in index heavyweights HDFC, RIL, ITC and Maruti, amid weak cues from other Asian markets.

Representational Image
Representational Image


Mumbai:  Domestic equity benchmark BSE Sensex fell over 150 points Friday dragged by losses in index heavyweights HDFC, RIL, ITC and Maruti, amid weak cues from other Asian markets.

The 30-share index was trading 136.59 points, or 0.34 per cent, lower at 39,465.04 at 0930 hours. Similarly, the broader NSE Nifty was quoting 32.25 points, or 0.27 per cent, down at 11,799.50.

Also Read: Rupee rises 21 paise to 69.49 against USD in early trade

In the previous session Thursday, the BSE gauge settled 488.89 points, or 1.25 per cent, higher at 39,601.63; and the Nifty closed 140.30 points, or 1.20 per cent, up at 11,831.75.

Also Read: Sensex soars over 350 pts; Nifty near 11,800

On a net basis, foreign institutional investors sold equity worth Rs 438.41 crore, while domestic institutional investors purchased shares to the tune of Rs 1,241.23 crore, provisional data available with stock exchanges showed on Thursday.

On the currency front, the Indian rupee depreciated 30 paise to 69.74 against the US dollar. (PTI) 

 










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