Sensex slips over 150 pts; financial, energy stocks drag
October 30, 2018  17:08
The BSE Sensex Tuesday fell over 176 points on emergence of heavy selloffs mainly in financial and energy sector stocks as caution prevailed among market participants in view of mixed quarterly earnings and upcoming trade tariff talks between the US and China.


The 30-share benchmark index fell 176.27 points, or 0.52 per cent, to close at 33,891.13; while the broader NSE Nifty lost 52.45 points, or 0.51 per cent, to end at 10,198.40. Markets globally are keenly awaiting the US response next month how it goes with tariffs on all remaining Chinese imports.


Besides, mixed corporate earnings so far did not help in sustaining last session's positivity on the domestic bourses. The benchmark indices Sensex and Nifty Monday rose over 718 points and 220 points, respectively.


Global markets continue to witness mixed activity with a negative bias and volatility remains high as the market struggle to find its bottom and define further course. -- PTI
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