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Equity benchmarks lost another 1 percent today following
weakness in rupee and global growth concerns post further decline in crude oil
prices. The Sensex slipped 254.48 points to 27065.08 and the Nifty fell 71.70
points to 8147.90 while the BSE Midcap and Smallcap indices shed 1 percent
each. About 469 shares have advanced, 1417 shares declined, and 56 shares are
unchanged on the Bombay Stock Exchange.
The Sensex tanked 319.92 points to 26999.64 and the Nifty plunged 90 points to 8,127.75, weighed down by banking & financials, metals, oil, FMCG and healthcare stocks. IT and capital goods stocks bucked the trend. The 50-unit CNX Nifty regained strength after briefly turning negative. The barometer index, the S&P BSE Sensex was currently up 58.90 points or 0.21% at 28,621.72.
The market breadth indicating the overall health of the market was strong with more than two gainers for every loser. Reliance Industries (RIL) rose after the company before market hours today, 5 December 2014 said that the company and the Mexican state owned company, Petroleos Mexicanos (PEMEX) have entered into a Memorandum of Understanding (MOU).
The Sensex tanked 319.92 points to 26999.64 and the Nifty plunged 90 points to 8,127.75, weighed down by banking & financials, metals, oil, FMCG and healthcare stocks. IT and capital goods stocks bucked the trend. The 50-unit CNX Nifty regained strength after briefly turning negative. The barometer index, the S&P BSE Sensex was currently up 58.90 points or 0.21% at 28,621.72.
The market breadth indicating the overall health of the market was strong with more than two gainers for every loser. Reliance Industries (RIL) rose after the company before market hours today, 5 December 2014 said that the company and the Mexican state owned company, Petroleos Mexicanos (PEMEX) have entered into a Memorandum of Understanding (MOU).
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