Sensex down 190.97 points

Mumbai, Dec 24 (FN Agency) Breaking three days rally, the BSE Sensex on Friday slipped by 190.97 points to close at 57,124.31 on profit booking by local operators The Nifty of National Stock Exchange (NSE) too eased 68.85 points at 17,003.75. High volatility was seen during the session, as the Sensex opened higher by 252 pts at 57,567.12. It surged 308 points at 57,623.69, days high. Later, it erased earlier gains and settled at 57,124.31, sliding 190.97 points from its previous close. The sensex registered days high and low at 57,623.69 and 56,813.42 respectively. The Nifty recorded days high and low at 17,155.60 and 16,909.60 respectively. The sectoral indices like Power, Utilities, Oil and Gas and Capital Goods dragged the market on Thursday.

Power was a major loser, down by more than two percent, followed by Utilities by 1.96 per cent, Oil and Gas by 1.06 per cent and Capital Goods by 1.02 per cent. In scrips, NTPC was a major dragged, down 2.73 per cent to Rs 121.20 followed by M&M by 1.60 per cent to Rs 813.40, Powergrid by 1.58 per cent to Rs 205.10, Kotak Bank by 1.57 per cent to Rs 1748.30 and Dr Reddy’s Lab by 1.54 per cent to Rs 4621. The gainers were HCL Technology by 2.95 per cent to Rs 1263.17, Tech Mahindra by 2.34 per cent to Rs 1723.20, Asian Paints by 0.62 per cent to Rs 3287.20, Wipro by 0.49 per cent to Rs 698.10 and Infosys by 0.43 per cent to Rs 1864.75. The Mid Cap declined by 1.15 per cent and Small Cap by 0.60 per cent. In 30 scrips, 7 advanced while 23 declined. Asian markets were seen weak, as Shanghai Composite slipped 0.7 per cent. Straits Times and Kospi moved up 0.4 per cent, and 0.5 per cent. While, Hang Seng, Nikkei and Taiwan were almost steady.