Sensex down 115.48 pts

Mumbai, March 31 : Snapping a gaining streak of last three sessions, the BSE Sensex on Thursday slipped 115.48 pts to close at 58,568.51 on profit booking by local operators amid weak Asian Market. The Nifty of National Stock Exchange (NSE) too fell 33.50 pts at 17,464.75. See saw trend was witnessed during the session today, as the Sensex opened flat at 58,779.71. It gained 111 pts at 58,890.92, the day’s high. Later, it dropped nearly 294 pts to reach 58,485.79, the day’s low before closing at 58,568.51, sliding 115.48 pts from its previous close. The Sensex registered the day’s high and low at 58,890.92 and 58,485.79 pts respectively. The Nifty recorded the day’s high and low at 17,559.80 and 17,435.20 respectively. Selling in sectoral indices like Metal, IT, Health Care and Telecom dragged the market today. In scrips, Reliance Industries was a major loser, down 1.46 pc to reach Rs 2633.95, followed by Wipro by 1.14 pc to Rs 593.80, Dr Reddy’s Lab by 1.04 pc to Rs 4305.40, Maruti Suzuki by 0.73 pc to Rs 7545 and Ultracemco by 0.59 pc to Rs 6600. The gainers were M&M by 1.95 pc to reach Rs 808.60, Hind lever by 1.66 pc to recah Rs 2048.85, Axis Bank by 1.39 pc to Rs 760.65 and IndusInd Bank by 1.03 pc to Rs 936. The Mid Cap rose by 0.29 pc and Small Cap by 0.31 pc. In 30 scrips, 15 advanced while 15 declined. A mixed trend was seen in European Market with the pan-European Stoxx 600 seen below the flatline by mid-morning. On Wall Street, Dow Jones and S&P 500 Futures were steady while Nasdaq Futures rose by 0.4 per cent. In Asian Market, Hang Seng slipped 1 per cent, Japan’s Nikkei fell by 0.7 per cent. Even, Australia’s ASX200 declined by 0.2 per cent. NV RKM

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