Sensex slips below psychological mark of 28K

December 09, 2014 16:12

The BSE Sensex slipped below the 28,000 level and the NSE Nifty dropped below the 8,400-mark at mid-session as funds and retail investors indulged in selling activity amid weak global cues after crude oil dipped to fresh five-year lows.

The Sensex dipped below the psychological 28,000-mark to touch a low of 27,869.92. Major losers that pulled down the Sensex and Nifty from crucial levels were Sesa Sterlite, Tata Power, NTPC, Hindalco, Bhyarti Airtel, ONGC, Tata Steel, BHEL, SBI, Axis Bank, L&T, Tata Motors, Maruti Suzuki, Coal India, RIL and Cipla. The 30-share index had lost 443.42 points in the previous two sessions.

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