India sensex News
Sensex tanked over 329 points to end at about one-week low of 26,230.66 on sustained foreign fund outflows amid weak global cues.
Though the market showed plenty of resilience after the UK vote to exit the European Union, investors digest implications of the development and are trying to get a sense of the fuller impact.
Investors booked profits in recent outperformers, but indexes still posted a near 1 percent weekly gain on the back of strong overseas flows.
The benchmark Sensex fell almost 102 points and the NSE Nifty cracked below the 7,700-level in early trade today as investors booked profit in recent gainers amid weak Asian cues.
The 30-share barometer, which had rallied 195.42 points in the previous session, rose further by 99.65 points, or 0.38 percent, to 26,133.78.
A heavy bout of value-buying amid hectic short-covering by market players ahead of Thursday's monthly derivatives expiry spurred the key indices.
The 30-share index fell 105.68 points, or 0.41 percent, to 25,413.54.
The index had gained 759.35 points in the last four sessions.
The 30-share barometer shot up by 164.95 points, or 0.64 percent, to 25,659.32.
The 30-share index, which had gained 276.09 points in the previous two sessions, gathered another 123.04 points, or 0.48 percent, at 25,443.48.
Also, the NSE Nifty reclaimed the crucial 7,900-level by surging 26.80 points or 0.33 percent to 7,910.60.
The National Stock Exchange Nifty was also trading lower by 39.55 points or 0.50 percent to 7,722.70.
Also, the NSE Nifty declined by 37.80 points, or 0.47 percent, to 8,002.40.
The gauge after opening a tad higher quickly slipped into negative terrain following profit-booking in recent gainers and touched a low of 27,216.40.
The BSE Sensex rose on Tuesday, heading for an eighth straight session of gains, its longest winning streak in nearly five months, on renewed optimism over Greek debt talks, while state-run banks increased on hopes of capital infusion.
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