Sensex falls over 100 pts; Yes Bank tanks 9 pc
June 13, 2019  10:13
Domestic equity benchmark BSE Sensex fell over 100 points in early trade Thursday amid heavy foreign fund outflow and negative global cues. The 30-share index was trading 130.35 points, or 0.33 per cent, lower at 39,626.46 at 0940 hours. 


Similarly, the broader NSE Nifty was quoting 35.90 points, or 0.30 per cent, down at 11,870.30. In the previous session on Wednesday, the BSE gauge settled 193.65 points, or 0.48 per cent, lower at 39,756.81; and the Nifty fell 59.40 points, or 0.50 per cent, to close at 11,906.20. 


Yes Bank was the worst performer in the Sensex pack, cracking up to 8.73 per cent, after Moody's placed the private sector lender's ratings under review for a possible downgrade. 


IndusInd Bank, Sun Pharma, Vedanta, Tata Steel, Infosys, Hero MotoCorp, Bajaj Auto and Tata Motors too fell up to 5.75 per cent. On the other hand, L&T, TCS, Axis Bank, Bharti Airtel, Asian Paints and Bajaj Finance rose up to 1.20 per cent. 


According to experts, market mood was negative tracking weak cues from global markets amid rising uncertainty over trade talks between the US and China. -- PTI
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