Mumbai, May 20 (UNI) Extending losses for the third consecutive session, the BSE Sensex on Tuesday dropped 872.98 pts to settle at 81,186.44 despite positive global cues amid Moody’s US credit rating downgrade.
The National Stock Exchange (NSE) slipped 261.55 pts to 24,683.90.
High volatility was witnessed during the session, as the Sensex rose 57 pts to 82,116.17. It has surged 191 pts at 82,250.42, day’s high.
Later, it tanked 906 pts at 81,153.70, day’s low, before closing at 81,186.44, tumbling down 872.98 pts from its previous close.
The Nifty registered a day’s high at 25,010.35 and a low at 24,669.70 pts.
Positive global market, profit booking by local operators, and cautious stand of investors kept the equity market under pressure for the third session in a row.
Stocks include Auto, Utilities, BSE services, and Industrials were badly affected. Auto fell by 2.13 pc, Utilities by 1.64 pc, BSE services by 1.53 pc, and Industrials by 1.36 pc.
The mid-cap eased 1.65 pc and the Small cap by 0.96 pc.
In 30 scripts, 3 advanced while 27 declined.
The losers were Eternal by 4.24 pc to Rs 227.90, Maruti Suzuki by 2.76 pc to Rs 12,630, Ultracemco by 2.04 pc to Rs 11673.30, Nestle India Ltd by 1.92 pc to Rs 2361.
The gainers were Tata Steel by 1.27 pc to Rs 159.50, Infosys by 0.23 pc to Rs 1562.80, and ITC by 0.07 pc to Rs 435.40.
In the Asian Market, Straits Times was up 0.16 pc, Taiwan Weighted by 0.01 pc, and Set Composite by 0.17 pc.
