Bears tighten grip, Sensex falls 250 pts; PSU Bank index up 1%

Bears tighten grip, Sensex falls 250 pts; PSU Bank index up 1%

Tuesday, January 30, 2018


Epic Update Sensex
Bears tightened their grip on Dalal Street in morning session as benchmark indices extended losses, with the Sensex falling around 250 points due to selling pressure in banking & financials, technology, FMCG and pharma stocks.

However, PSU Bank index bucked the trend, rising over a percent.

The 30-share BSE Sensex was down 247.81 points at 36,035.44 and the 50-share NSE Nifty fell 86.10 points to 11,044.30 while the Nifty Midcap index shed 0.8 percent.

About four shares declined for every share rising on the BSE.
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