News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 6 years ago
Home  » Business » Sensex drops 228 pts on rising oil worries, inflation in focus

Sensex drops 228 pts on rising oil worries, inflation in focus

Source: PTI
December 12, 2017 16:37 IST
Get Rediff News in your Inbox:

The broader Nifty settled below the key 10,300-level, down 82.10 points, or 0.80 per cent, at 10,240.15.

Caution put stocks to test on Tuesday as the Sensex tumbled 228 points -- in a break with three sessions of gains -- after investor worry deepened over rising global oil prices ahead of macroeconomic data.

 

Participants waited for a clutch of macro pointers later in the day.

Other Asian shares turned weak.

The Sensex closed at 33,227.99, loss of 227.80 points, or 0.68 per cent.

The gauge had rallied 858.61 points in the previous three sessions.

The broader Nifty settled below the key 10,300-level, down 82.10 points, or 0.80 per cent, at 10,240.15.

Fresh spell of selling was witnessed in realty, power and banking.

Photograph: Danish Siddiqui/Reuters

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
Related News: Nifty, Sensex
 

Moneywiz Live!