pennews
www.pennews.net
Sensex down 336.36 pts
Economy

Sensex down 336.36 pts

Agency News

Mumbai, Nov 29: The BSE on Friday nosedived by 336.36 points to settle at 40,793.81, snapping a positive streak of last two sessions, on worries of slower economic growth in the September quarter.

Even, rising uncertainty over a US-China trade deal also kept sentiment in check.

The Nifty of National Stock Exchange (NSE) too dropped by 95.10 points to 12,056.05. Registering an all-time-high yesterday, the Sensex opened almost flat at 41,138.26. During the day, it tumbled down nearly 466 points to day's low at 40,664.18, before closing at 40,793.81, slumping by 336.36 points from its last close.

The sectoral indices like Energy, FMCG, IT, Auto, Finance, Metal & Oil and Gas pushed the market down, only Realty and Power stocks were seen positive, which capped from further declined, the broker informed. In scrips, Tata Motors DVR, Yes Bank, Hind Unilever, M & M and SBI dragged the market.

In the broader market, the S&P BSE Mid-Cap index rose by 0.16 per cent, while the S&P BSE Small-Cap index rose by 0.47 per cent. Both these indices outperformed the Sensex.

The market breadth was in the favour of the sellers. On BSE, 1218 shares rose and 1345 shares fell. A total of 188 shares were unchanged. In Nifty 50 index, eight stocks advanced, while 42 stocks declined.

Overseas, shares in Europe and Asia edged lower as investors worried that a new US law backing Hong Kong protests could derail Washington's and Beijing's efforts to end their trade war. (UNI)