News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 4 years ago
Rediff.com  » Business » Sensex slips over 126 points; metal stocks drag

Sensex slips over 126 points; metal stocks drag

Source: PTI
December 03, 2019 17:01 IST
Get Rediff News in your Inbox:

On the Sensex chart, Yes Bank was the worst hit with 7.81 per cent decline. It was followed by Tata Steel, Vedanta, M&M, IndusInd Bank and Tata Motors -- shedding as much as 5.07 per cent.

Illustration: Dominic Xavier/Rediff.com

The BSE benchmark Sensex on Tuesday fell over 126 points, dragged mainly by losses in metal stocks, tracking weak global sentiments in the wake of slapping of tariffs by the US on imports from Brazil and Argentina.

 

The 30-share BSE gauge settled at 40,675.45, down 0.31 per cent or 126.72 points.

The index swung between a high of 40,885.03 and a low of 40,554.04 during the day.

The broader NSE Nifty settled at 11,994.20, showing a dip of 0.45 per cent or 54 points.

In view of fresh tussle in the global trade, metal stocks came under pressure.

Besides, banking stocks saw selling pressure as investors took a cautious stance ahead of the RBI monetary policy meet.

On the Sensex chart, Yes Bank was the worst hit with 7.81 per cent decline.

It was followed by Tata Steel, Vedanta, M&M, IndusInd Bank and Tata Motors -- shedding as much as 5.07 per cent.

On the other hand, Bajaj Auto, TCS, Kotak Bank, Infosys and HDFC were among the major gainers.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!