Closing bell: Volatile trade led to Sensex diving nearly 300 points down

share market

Amidst negative sentiments from global market and foreign fund outflows, the Sensex fell for the fifth straight session on Monday to close at almost one-month low of 31,626.63 by plunging about 296 points, while the Nifty dropped below the 9,900 mark.

Currency market was also hit with the rupee falling by 15 paise to 64.94 against the US currency during the day. In addition, soaring oil prices, trading at seven-month high of $56.86 a barrel overseas, impacted the sentiment here, brokers said. Persistent concerns about US-North Korea verbal spat, and absence of any market-moving event weighed on sentiment, brokers said.

Bargain buying in the last hour of the trade helped Sensex recoup part of lost grinds to settle at 31,626.63, down 295.81 points, or 0.93%. The index had fallen 501.32 points in the previous four sessions. The NSE Nifty tumbled 91.80 points, or 0.92%, to close at 9,872.60 after shuttling between 9,816.05 and 9,960.50. Both the key indices closed at their lowest closing since August 29.

Summary
Review Date
Reviewed Item
Closing bell: Volatile trade led to Sensex diving nearly 300 points down
Author Rating
51star1star1star1star1star
  • facebook
  • googleplus
  • twitter
  • linkedin
  • linkedin
  • linkedin
Previous «
Next »

Leave a Reply

Your email address will not be published. Required fields are marked *

Clipper28 Digital Media

Latest News

Daily Digital Newspaper

Entertainment

Advertisement

Clipper28
Clipper28
14:58 31 Aug 17
Clipper28.com is a useful Website, Which covers all types of latest news all around the world, This site is having very interesting videos also. In very short time this site has grown and gain good ranking in Global media.
harsh sahu
harsh sahu
07:29 31 Aug 17
It's a vry good web portal news website in raipur chhattisgarh.
Minal Sharma
Minal Sharma
08:30 29 Aug 17
this news website is verry fast. i like it
Amit Sharma
Amit Sharma
07:59 29 Aug 17
Best environment,best content,best segments overall the best digital media for connecting youth.
Dipesh Nishad
Dipesh Nishad
15:04 31 Aug 17
Best News Portal for the latest Updates.
See All Reviews