Sensex crashes over 800 pts
Economy

Sensex crashes over 800 pts

Agency News

Mumbai, May 18 : Though the stimulus measures were announced over the weekend by the Central Government, it failed to cheer the market as investors were expecting huge fresh liquidity infusion into the system to improve the aggregate demand so the BSE Sensex on Monday crashed by 832 pts at 30,265.67 in opening trade.

The Nifty of national stock exchange too fell by 242 pts to 8,894.70 It registered an intraday high and low at 9,158.30 and 8,894.70 pts, respectively. The Sensex registered an intraday high and low at 31, 248.26 and 30,265.67 pts, respectively. The mid-cap was down by 1.91 pc and small-cap by 1.61 pc. The sectoral indices include, Capital Goods, Finance, Realty and Metal continuously dragging the market for the third session in a row. In 30 scrips, 29 declined while one advanced.

The losers were ICICI Bank by 6.06 pc to Rs 303.10, Indusind bank by 5.81 pc to Rs 394.45, Bajaj finance by 5.82 pc to Rs 1965, Kotak Bank by 5.51 pc to Rs 1113 and Axis Bank by 5.04 pc to Rs 369.05. (UNI)

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