Sensex down 279.35 pts

Sensex down 279.35 pts

Agency News

Mumbai, Aug 29 : The benchmark index of the Bombay Stock Exchange (BSE) on Thursday slipped by 279.35 points to 37,172.49 in early trade on heavy selling in banking stocks ahead August month derivatives expiry amid weak cues from other Asian markets.

The Nifty of the National Stock Exchange (NSE) too eased by 77.25 points to 10,958.85.  The sectoral indices like materials, consumer durable, energy, FMCG, finance, realty and bankex pushed the market down.

The losers were Yes Bank by 6.55 pc to Rs 55.60, ICICI Bank by 1.91 pc to Rs 405.15, HDFC by 1.88 pc to Rs 2146.20, Tata Steel by 1.59 pc to Rs 331.50 and Tata Motors DVR by 1.40 pc to Rs 52.85.

The gainers were Sun Pharma by 2.90 pc to Rs 424.70, VEDL by 1.70 pc to Rs 134.45,ONGC by 0.62 pc to Rs 121.90 and Hindustan Unilever by 0.34 pc to Rs 1833.90.(UNI)