Sensex extends losses, cracks over 450 points; Nifty near 11,000
Business | September 24, 2018 12:54 ISTThe 30-share index was trading lower at 36,378.14 showing a loss of 463.46 points, or 1.26 per cent at 1200 hrs.
The 30-share index was trading lower at 36,378.14 showing a loss of 463.46 points, or 1.26 per cent at 1200 hrs.
NSE opened at 11,326.65 points after closing at 11,278.900 points on Tuesday.
The 30-share BSE index gained 159.93 points, or 0.42 per cent in opening trade, but soon turned choppy falling 37.10 points.
The NSE Nifty index too dipped below the 11,500-mark by falling 111.80 points, or 0.97 per cent, at 11,403.40.
The gauge had plunged 976.69 points in the previous two sessions as global trade war tensions rattled investor sentiment.
At 9.45 am, the wider Nifty50 on the National Stock Exchange, traded at 11,451.75 points.
Sensex on Monday traded at 38,760.50 points, higher by 115.43 points or 0.30 per cent from its previous close of 38,645.07 points.
The equity indices closed in the negative territory on Wednesday as the rupee slumped to an all-time low, while weak global cues further subdued the sentiments, according to analysts.
The Sensex is trading at 38,948.05 points up by 51.42 points or 0.13 per cent.
Around 9.35 am, the broader Nifty50 of the National Stock Exchange (NSE) traded at 11,731.35 points.
The benchmark S&P BSE Sensex, which had opened at 37,898.60 points, closed at 37,947.88 points, up 284.32 points.
After opening lower at 37,796.01, the 30-share Sensex slipped further to touch a low of 37,634.43, but a rally in Infosys, Sun Pharma and Tata Motors helped it to recover.
Metal and consumer durables stocks witnessed healthy buying activity so far. The wider NIfty50 on National Stock Exchange traded 11, 392.40 points, higher by 2.95 points.
The BSE Sensex which had opened at 37,714.70 points, closed at 37,691.89 points, higher by 135.73 points.
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