Sensex tumbles 193 pts on heavy selling
May 31, 2012  11:42

The BSE benchmark Sensex tumbled by 193 points to 16,119.55 at 1100 hrs due to persistent selling pressure mainly from auto, refinery, banking, consumer
durables and IT sectors, triggered by fall in rupee value against the dollar.
The rupee fell to a record low in opening trade which was also another factor behind fall in share values. 

 

The BSE benchmark Sensex resumed lower at 16,224.86 and dropped further to a low of 16,115.63 before quoting at 16,119.55 at 1100 hrs, showing a net loss of 192.60 points or 1.18 per cent from its last close. The NSE 50-share Nifty also declined by 53.95 points, or 1.09 per cent, to 4,896.80 at 1100 hrs.

« Back to LIVE

TOP STORIES