Sensex dips after record high

May 18, 2017 11:41

A back-to-back record-setting run today made stocks do a reality check when the Sensex plunged over 222 points and the Nifty cracked below 9,500 in early session amid dollar outflows and a sluggish trend overseas. All sectoral indices flashed red, down by up to 1.19 per cent, with realty, consumer durables, bank and auto registering much losses. The 30-share barometer fell by 222.21 points, or 0.72 per cent, to 30,436.56. The gauge had rallied 470.62 points in the previous three sessions, buoyed by continuous foreign funds inflows and brighter prospects for rains.

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