Sensex Down 383 Points, Banking Stocks Fall

The Sensex touched a high of 29,844.16 points and a low of 29,232.96 points in the trade so far.

Published: 30th January 2015 01:49 PM  |   Last Updated: 30th January 2015 01:49 PM   |  A+A-


| PTI File photo


MUMBAI:  A benchmark index of Indian equities markets was trading 383 points or 1.29 percent down in Friday's afternoon trade session, as banking, consumer durables and automobile stocks declined.

The markets plunged after scaling a new high of 29,844.16 points in the morning trade session. It surpassed the previous high of 29,786.32 points touched Jan 28.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 29,801.60 points, was trading at 29,299.09 points (12.40 p.m.), down 382.68 points or 1.29 percent from the previous day's close at 29,681.77 points.

The Sensex touched a high of 29,844.16 points and a low of 29,232.96 points in the trade so far.

Selling pressure was observed in banking, consumer durables, automobile, healthcare and fast moving consumer goods (FMCG) stocks. While healthy buying took place in information technology (IT), realty and power sectors. 

The S&P BSE bankex was down 508.30 points, followed by consumer durables index which was lower by 153.93 points, automobile index declined by 140.28 point, healthcare index lost 90.27 points and FMCG index decreased by 66.89 points.

However, IT index was up 45.93 points, realty index was higher by 40.11 points and power index gained 20.14 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was trading down 111 points or 1.24 percent at 8,841.35 points. The Nifty had touched a new record high in the morning trade at 8,996.60 points.

Stay up to date on all the latest Business news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp