Sensex down 261.68 pts

Sensex down 261.68 pts

Agency News

Mumbai, Sep 16 : The benchmark index of the Bombay Stock Exchange (BSE) on Monday tumbled down by 261.68 points to settle at 37,123.31 following a surge in global crude oil prices after attacks on Saudi Arabia's oil facilities.

The Nifty of the National Stock Exchange (NSE) too dropped by 72.40 points to 11,003.50. In opening trade, the Sensex fell by 180 points to 37,204.56. It remained under pressure throughout the day, as it crashed by 356 points to 37,028.94 day low before closing at 37,123.31, sliding by 261.68 points from its last close.

The Nifty registered day high and low at 11,052.70 and 10,968.20 points respectively. The sectoral indices like Energy, Finance, Auto, Bankex and Realty sectors kept the market down today however, buying in Consumer Durable, Technology and IT capped from further decline, broker informed.

On the macro front, India's wholesale inflation remained at 1.08% in August, the same level as the previous month, government data showed on Monday. The market breadth was positive. On the BSE, 1367 shares rose and 1152 shares fell. A total of 177 shares remain unchanged. The S&P BSE Small-Cap index rose 0.64 pc. The Mid-Cap index fell 0.27 pc.(UNI)