Mumbai, Jan 22 (UNI) Breaking the gaining spree of last five
sessions, the BSE Sensex fell on Tuesday by 134.32 points to end
negative at 36,444.64, as local investors cashed profit in
Materials, Auto, Metal, Telecom and Power stocks amidst weaker cues
from global peers.
The Nifty of National Stock Exchange (NSE) too declined by 39.10
points to 10,922.75.
Negative global cues spoiled investors' sentiment, as global stocks
fell after the International Monetary Fund (IMF) slashed its world
economic forecast on Monday.
The Sensex opened strong at 36,649.92 points in the morning session
and then went up by 72 points to touch the day's high of 36,650.47.
It later tanked nearly 296 points to hit day's low of 36,282.93
during the day. It recouped some of the losses in late trade and
closed at 36,444.64, slipping by 134.32 points versus its last close.
The sectoral indices that slipped were Materials, Auto, Metal,
Telecom and Power, along with scrips of VEDL, Tata Steel, M&M, HCL
Tech and Bharti Airtel.
However, buying in Sun Pharma, Kotak Bank, Bajaj Finance and Hero
MotoCorp capped the market's further losses, brokers informed.
The broader markets also closed in red, as the BSE Mid-Cap index and
Small-Cap shed 0.09 per cent and 0.49 pc, respectively.
The market breadth was weaker on BSE, as 958 shares advanced against
1,606 declined and 170 were unchanged.
More UNI NV SS NP1725