Sensex closes lower for third consecutive day | SupportBiz

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Sensex closes lower for third consecutive day

Down 192.83 points or 1.1 percent compared to its previous close.

The benchmark index for Indian markets closed 193 points lower amid heavy selling in realty, power and capital goods scrips Monday in its third consecutive loss-making session.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 17,531.47 points and closed at 17,273.37 points, down 192.83 points or 1.1 percent compared to its previous close at 17,466.2 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange also ended lower at 5,257.05 points, down 60.85 points or 1.14 percent from its previous close.

Broader markets were in the negative too with the BSE 500 index closing 1.16 percent lower. The BSE midcap index was down 0.96 percent lower, while the BSE small cap index slipped 1.08 percent.

Realty, power and capital goods stocks were the major losers, while FMCG scrips gained.

The market breadth was negative with 1,004 stocks advancing, 1,868 declining and 100 remaining unchanged.

Major losers on the Sensex included BHEL, down 4.84 percent at INR260.30; SBI, down 3.07 percent at INR2,159.65; RIL, down 2.21 percent at INR754.90 and HDFC, down 2.18 percent at INR650.65.

Among gainers were: ITC, up 2.01 percent at INR220.45; M&M, up 1.74 percent at INR688.70; Sun Pharma, up 1.68 percent at INR554.20 and Hindustan Unilever, up 0.72 percent at INR393.25.

According to data available with the Securities and Exchange Board of India (SEBI), foreign institutional investors (FIIs) bought stocks worth USD182.59 million on March 19. For the month, FIIs have bought stocks over USD1.6 billion.

Asian markets were mixed. The Japanese Nikkei moved up 0.12 percent to end at 10,141.99 points. Hong Kong's index shed 0.95 percent at 21,115.29 points. The Chinese Shanghai Composite index closed 0.23 percent up at 2,410.18 points. European markets were trading in the red.

Britain's FTSE 100 was down 0.48 percent at 5,936.9 points, while the German DAX was trading 0.71 percent lower at 7,106.95 points. The French CAC 40 was ruling 0.8 percent down at 3,565.95 points