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Sensex drops over 100 pts to slip below 37,000 mark
Domestic equity benchmark BSE Sensex dropped over 100 points to fall below the 37,000 mark on Thursday tracking weak cues from other Asian markets amid concerns of a looming global economic slowdown.
Mumbai: Domestic equity benchmark BSE Sensex dropped over 100 points to fall below the 37,000 mark on Thursday tracking weak cues from other Asian markets amid concerns of a looming global economic slowdown.
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The 30-share index was trading 127.32 points, or 0.34 per cent, lower at 36,933.05. The broader Nifty too fell 44.80 points, or 0.17 per cent, to 10,873.90 in morning trade.
In the previous session, the 30-share Sensex settled 267.64 points, or 0.72 per cent, lower at 37,060.37. The broader NSE Nifty too ended 98.30 points, or 0.89 per cent, down at 10,918.70.
Foreign portfolio investors sold shares worth a net of Rs 770.81 crore Wednesday, and domestic institutional investors too purchased shares worth Rs 353.97 crore, provisional data showed.The rupee, meanwhile, depreciated 10 paise against its previous close to trade at 71.66 in early session. (PTI)