Jan 02, 2014, 02.29 PM IST
The Sensex lost 178.39 points to 20,962.09, and the Nifty fell 57.40 points to 6,244.25. Declining shares outnumbered advancing ones by a ratio of 1297 to 1185 on the BSE.
Tags BSE Sensex, Nifty, Market, Banks
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Sensex slips below 21000; banks, FMCG, oil & gas dip
The Sensex lost 178.39 points to 20,962.09, and the Nifty fell 57.40 points to 6,244.25. Declining shares outnumbered advancing ones by a ratio of 1297 to 1185 on the BSE.
Like this story, share it with millions of investors on M3
Sensex slips below 21000; banks, FMCG, oil & gas dip
The Sensex lost 178.39 points to 20,962.09, and the Nifty fell 57.40 points to 6,244.25. Declining shares outnumbered advancing ones by a ratio of 1297 to 1185 on the BSE.
14:24
Moneycontrol BureauLive Market Commentary
The market erased all its gains in afternoon trade with the Sensex breaking the 21000 level and Nifty 6250 level, dented by weakness in banks, oil and gas, and FMCG stocks.
The Sensex lost 178.39 points to 20,962.09, and the Nifty fell 57.40 points to 6,244.25. Declining shares outnumbered advancing ones by a ratio of 1297 to 1185 on the BSE.
Dilip Bhat, Joint MD at Prabhudas Lilladher feels Nifty may see 6500-6600 maximum on the upper side, but maybe it would remain vulnerable to below 6000 at any given point of time in the run up to the elections. American bond yields at around 3 percent is not a comfortable level, he says.
13:13
Sensex tanks, Nifty below 6300; banks, infra fallStocks like Tata Steel, SAIL and JSPL are in focus today. The cabinet is expected to take up the Shah Commission report on illegal mining in Odisha today. Also the cabinet committee on economic affairs is expected to take up the power ministry's proposal to amend the mega power policy.
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