Thursday, 24 November 2016

Sensex sinks 192 pts; Nifty below 8000, loses 7.6% in Nov series

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Equity benchmarks snapped two-day winning streak Thursday with the Nifty closing below 8000 level on consistent weakness in rupee and expiry of November derivative contracts. The 30-share BSE Sensex was down 191.64 points at 25860.17 and the 50-share NSE Nifty slipped 67.80 points to 7965.50 while the broader markets outperformed benchmarks on positive market breadth for the second consecutive session. The BSE Midcap and Smallcap indices declined only 0.1 percent as about 1350 shares advanced against 1205 declining shares on the exchange.

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