Sensex falls by 71.47 pts

Sensex falls by 71.47 pts

Agency News

Mumbai, Feb 14: The benchmark index of Bombay Stock Exchange (BSE) on Friday declined by 71.47 points in early trade on disappointing macroeconomic data.

Contracting industrial output by 0.3 per cent in December while retail inflation jumped to a 68-month high of 7.59 per cent in January on high food prices showed the government data on Wednesday impacted the equity market in opening trade. The Nifty of National Stock Exchange (NSE) too dropped by 71.95 points at 12,102.70.

The Sensex registered intra-day high and low at 41,702.36 and 41,285.67 points, respectively. The Nifty recorded day intra day high and low at 12,246.70 and 12,097.90 points, respectively. The sectoral indices like Consumer Durable, FMCG, Energy, Finance, Telecom and Utilities dragged the market. The losers were IndusInd Bank by 3.89 pc to Rs 1182.40, HDFC Bank by 1.72 pc to Rs 1219.80, ONGC by 1.52 pc to Rs 103.75 and Kotak Bank by 1.42 pc to Rs 1665.55. The gainers were Bajaj Auto by 1.42 pc to Rs 3180, Bharti Airtel by 1.27 pc to Rs 546.65, Asian Paints by 0.77 pc to Rs 1888.45. (UNI)