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Sensex ends lower at 37,663.56 pts on selling in select bank stocks

Sensex ends lower at 37,663.56 pts on selling in select bank stocks

Mumbai, Aug 16 (UNI) The benchmark index of Bombay Stock Exchange

(BSE) dropped in a volatile session on Thursday by 188.44 points to

end negative at 37,663.56 on selling in select bank shares.

The Nifty of National Stock Exchange (NSE) too fell by 50.05 points

at 11,385.05.

In a see-saw trend seen during the day, the Sensex edged down by 56

points to 37,796.01 in morning trade. It then crashed by 218 points

to hit day's low of 37,634.13 before closing at 37,663.56, tumbling

by 188.44 points as compared to its previous close. It registered

day's high at 37,891.92, up by 39 points.

The Nifty registered day's high and low at 11,449.85 and 11.366.25

points, respectively.

The sectoral indices like Materials, Energy, Bankex, Capital Goods,

Realty and Oil & Gas fell that impacted the market sentiment.

However, Health Care, IT and Utilities increased that capped its

further losses, brokers said.

The secondary barometers such as the BSE Mid-Cap index and Small-Cap

index fell 0.48 per cent and 0.20 pc, respectively. Both these

indices outperformed the Sensex.

The market breadth was negative on BSE, as 1,181 shares advanced

against 1,543 declined and 137 were unchanged.

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