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Sensex falls 163 pts; 3-week-low
Economy

Sensex falls 163 pts; 3-week-low

Agency News

Mumbai, Jun 15: The equity market remained under pressure for another week as the Sensex slipped by 163.83 points or 0.41 pc to settle at 39,452.07, a three-week-low during the week ended on Friday as global shares declined due to worries over US-China trade war flare up, curbing risk appetite. The Nifty 50 index fell 47.35 points or 0.4 pc to settle at 11,823.30.

Small and mid-cap stocks underperformed the Sensex during the week.The BSE Mid-Cap index fell 185.39 points or 1.24 pc to settle at 14,720.99. The BSE Small-Cap index fell 291.16 points or 1.99 pc to settle at 14,365.93.The BSE Sensex rose 168.62 points or 0.43 pc to 39,784.52 and the Nifty moved up by 52.05 points or 0.44 pc to 11,922.70 supported by positive global stocks on Monday. On Tuesday, the Sensex further advanced 165.94 points or 0.42 pc to 39,950.46 and the Nifty 50 index too gained by 42.90 points or 0.36 pc to 11,965.60.

On Wednesday, the Sensex dropped by 193.65 points or 0.48 pc to 39,756.81. The Nifty 50 index fell 59.4 points or 0.50 pc to 11,906.20 as negative global cues triggered profit booking. A divergent trend was witnessed on Thursday as the barometer index was settled with small losses of 15.45 points or 0.04 pc to 39,741.36.On Friday, it further tumbled down by 289.29 points or 0.73 pc to settle at 39,452.07. The Nifty 50 index fell 90.75 points or 0.76 pc at 11,823.30. (UNI)