Sensex drops over 100 pts; Yes Bank plunges over 10 pc

DN Bureau

Domestic equity benchmark BSE Sensex dropped over 100 points in early trade Thursday led by heavy selloff in Yes Bank shares, amid weak cues from global markets and unabated foreign fund outflow.

File Photo
File Photo

Mumbai: Domestic equity benchmark BSE Sensex dropped over 100 points in early trade Thursday led by heavy selloff in Yes Bank shares, amid weak cues from global markets and unabated foreign fund outflow.

The 30-share index was trading 112.21 points or 0.29 per cent lower at 39,103.43 at 0930 hours, and the broader Nifty fell 32.05 points or 0.27 per cent to 11,655.45.

In the previous session, the 30-share gauge closed 84.60 points or 0.22 per cent higher at 39,215.64, and the Nifty ended 24.90 points or 0.21 per cent up at 11,687.50.

On a net basis, foreign institutional investors sold equities worth Rs 16.97 crore, while domestic institutional investors purchased shares to the tune of Rs 208.88 crore, provisional data available with stock exchanges showed Wednesday.

Meanwhile, the Indian rupee appreciated 4 paise (intra-day) to 68.77 against the US dollar. (ANI)













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