Mumbai, April 13 (Agency) Extending losses for the third consecutive session on Wednesday, the BSE Sensex dipped 237.44 points to settle at 58,338.93 in a volatile trade on heavy selling in auto, bankex and realty stocks. The Nifty of the National Stock Exchange (NSE) too fell 54.65 points at 17,475.65. The day opened on a positive note as the BSE Sensex up by 334 points at 58,910.74. It surged 427 points at 59,003.82, the day’s high. Later, it tumbled nearly 285 points at 58,291.23, the day’s low before closing at 58,338.93, sliding 237.44 points from its previous close.
The Sensex registered the day’s high and low at 59,003.82 and 58,291.23 points respectively. The Nifty recorded the day’s high and low at 17,663.65 and 17,457.40 respectively. Sectoral indices like auto, bankex, realty and finance kept the market down for the third straight session. In scrips, HDFC was a major loser, down 2.01 per cent to Rs 2,377.40 followed by HDFC Bank by 1.90 per cent to Rs 1,464.85, Maruti Suzuki by 1.86 per cent to Rs 7,471.85, Dr Reddy’s Lab by 1.71 per cent to Rs 4,297.80 and Asian Paints by 1.62 per cent to Rs 3,080.90.
The gainers were ITC by 1.87 per cent to do 269.50, Sun Pharma by 1.61 per cent to Rs 936, Hind Unilever by 0.99 per cent to Rs 2,152.45, SBI by 0.94 per cent to Rs 517.50 and NTPC by 0.82 per cent to Rs 153.90. The Mid Cap fell by 0.21 per cent while Small Cap rose by 0.27 per cent. In 30 scrips, 10 advanced while 20 declined. There will be no trading in BSE and NSE on Thursday and Friday on account of Dr Ambedkar Jayanti and Good Friday respectively. A mixed trend was seen in European market as investors looked ahead to Thursday’s European Central Bank meeting as the pan-European Stox 600 slipped 1.3 per cent while oil and gas gained 1 per cent. In Asian Market, Japan’s Nikkei rose 2 per cent.