Sensex, Nifty nearly 2-week low on global fall; PSU Bank down 3%

Equity benchmarks extended losses in noon trade with the Sensex falling more than 340 points intraday following correction in Asia on jitters over the US presidential elections. 

The 30-share BSE Sensex dropped 326.42 points or 1.17 percent to 27550.19, dragged by 27 out of 30 stocks. The 50-share NSE Nifty fell 106.85 points or 1.24 percent to 8519.40, the lowest level since October 17. 

The market breadth improved a little bit as about 1862 shares declined against 720 advancing shares on the BSE. 

In morning, the ratio of advance:decline was 1:4. PSU Bank hit hardest today, falling more than 3 percent. 

Punjab National Bank, Canara Bank, Bank of India, IDBI Bank, Bank of Baroda and SBI were down 3-4.5 percent. 

Tata Motors was the third top loser on the Sensex, down 2.7 percent after subdued growth in Land Rover North America sales, though Jaguar posted more than 3-fold rise in October.

For more information and best EQUITY TIPS Call us ✆ – 0731-6642300 or Visit

Connect with our social media sites
Next Post »