MUMBAI: Snapping a three-day rally, the BSE benchmark Sensex on Monday fell by over 183 points pulled down by banking and financial sector stocks, including ICICI Bank, SBI and HDFC, after Reserve Bank's steps to quell rupee's volatility sparked concerns of rate hikes.
The 30-share index commenced the day's trade weaker by a whopping 368 points from its previous close at 19,665.57. It, however, trimmed some of the losses during the day and closed lower by 183.25 points, or 0.91 per cent, at 19,851.23.
Similarly, the wide-based National Stock Exchange index Nifty lost 75.55 points, or 1.25 per cent, to close at 5,955.25. Also, SX40 index, the flagship index of MCX-SX, closed 85.33 points, or 0.71 per cent lower at 11,854.7.
The 30-share index commenced the day's trade weaker by a whopping 368 points from its previous close at 19,665.57. It, however, trimmed some of the losses during the day and closed lower by 183.25 points, or 0.91 per cent, at 19,851.23.
Similarly, the wide-based National Stock Exchange index Nifty lost 75.55 points, or 1.25 per cent, to close at 5,955.25. Also, SX40 index, the flagship index of MCX-SX, closed 85.33 points, or 0.71 per cent lower at 11,854.7.
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