Sensex falls 162.78 points

Mumbai, Aug 18 (FN Agency) Snapping a winning streak of last four sessions, the BSE Sensex on Wednesday slipped 162.78 points to settle at 55,629.49 in highly volatile trade on profit booking by local operators amid weekly Futures & Options expiry. The Nifty too fell 45.75 points at 16,568.85. The Sensex rallied 281 points to open at 56,073.31 points, historic high. It spurted 326 points to 56,118.57, day’s high before closing at 55,629.49, sliding 162.78 points from its previous close. Meanwhile, in late trade, it tumbled down nearly 278 points to 55,514, day’s low. The sensex registered day’s high and low at 56,118.57 and 55,514.89 points respectively. The Nifty recorded day’s high and low at 16,701.85 and 16,535.85 points respectively.

The sectoral indices like Metal, Finance, Realty and Auto dragged the market today. In scrips, ICICI Bank was a major loser, down 1.80 per cent to Rs 688.40, followed by Powergrid, IndusInd Bank, HDFC and Axis Bank. However, buying in Ultracemco, Bajaj Finserv, Bajaj finance, Bajaj Auto and Nestle India capped from further loses. The Mid Cap rose by 0.26 per cent while Small Cap fell by 0. 18 per cent. In 30 scrips, 10 advanced while 20 declined. The Asian Market remained positive, as SGX Nifty was up by 0.11 per cent, followed by Nikkei by 0.59 per cent, Straits Times by 0.41 per cent, Hang Seng by 0.47 per cent and Kospi by 0.50 per cent. There will be no trading in BSE and NSE on Thursday on account of ‘Muharram’.