Sensex drop 38 points on global cues
tyle="text-align:justify">
Monday, in an early trade the Sensex slipped by about 38 points on continued selling by funds and retail investors, tracking losses in global markets amid fears of a possible hike in US interest rates. Moreover, a additional depreciation in the rupee, which fell 18 paise to over 2-1/2 month low of 67.67 against the dollar, weighed on sentiment.
The pain continued for the fifth straight session as the 30-share index fell 37.94 points, or 0.15 per cent, to 25,192.42, with sectoral indices led by consumer durables, healthcare, oil and gas, IT, capital goods and banking trading in the negative zone with losses up to 0.50 per cent.
The gauge had lost 549 points in the previous four sessions.
Also, the NSE Nifty dropped 15.25 points, or 0.19 per cent, to 7,715.80 in early session.
Disclaimer :
The views, opinions, positions or strategies expressed by the authors and those providing comments are theirs alone, and do not necessarily reflect the views, opinions, positions or strategies of NTIPL,
english.newstracklive.com or any employee thereof. NTIPL makes no representations as to accuracy, completeness, correctness, suitability, or validity of any information on this site and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use.
NTIPL reserves the right to delete, edit, or alter in any manner it sees fit comments that it, in its sole discretion, deems to be obscene, offensive, defamatory, threatening, in violation of trademark, copyright or other laws, or is otherwise unacceptable.
