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Sensex ends 72 points lower; Yes Bank drops 4%

November 18, 2019 17:09 IST

The broader NSE Nifty slipped 10.95 points, or 0.09 per cent, to end at 11,884.50.

Illustration: Uttam Ghosh/Rediff.com

Market benchmark Sensex ended 72 points lower on Monday, tracking losses in HDFC Bank, RIL and TCS amid rising concerns over the economic slowdown.

The 30-share index, which opened on a firm note, turned negative in afternoon session before ending 72.50 points, or 0.18 per cent, down at 40,284.19.

 

Similarly, the broader NSE Nifty slipped 10.95 points, or 0.09 per cent, to end at 11,884.50.

Yes Bank was among the top losers in the Sensex pack, falling up to 4.08 per cent, followed by Bajaj Auto, M&M, Hero MotoCorp, HDFC Bank, ONGC and TCS which declined up to 2.05 per cent.

On the other hand, Bharti Airtel, Tata Steel, Sun Pharma, PowerGrid, IndusInd Bank, Axis Bank, SBI, Vedanta and Tata Motors rose up to 4.60 per cent.

Despite positive cues from global markets, sentiment in the domestic market was subdued on account of multiple reports suggesting that the pace of India's economic growth may falter further, traders said.

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