Press Esc to close
Thursday 05 May 2016
News updated at 2:41 AM IST
Weather
Max: 36.2°C
Min : 24.5°C
In Bengaluru
Sunny day

Sensex dips below 20k-mark, down over 120pts on profit-booking

Mumbai, Jan 22, 2013 (PTI):
File Photo

Snapping a three-day upsurge, the BSE benchmark Sensex today fell by 120.25 points to close below the 20,000-mark on market participants booking profits at higher levels, amid a mixed overseas trend.

The Sensex, which had gained 284 points in last three trading sessions, commenced the day higher at 20,156.86 before ending with a loss of 120.25 points, or 0.60 per cent at 19,981.57. GAIL, Hindustan Unilever (HUL), Hindalco, SBI and TCS were among major losers in the Sensex pack.

On similar lines, the broad-based National Stock Exchange index Nifty crossed 6,100 mark level for the first time in two yars before slipping to close 33.80 points lower at 6,048.50.

Selling pressure developed as investors booked profits from the recent upsurge in stocks of auto, power and banking and oil and gas sectors, said brokers.

FMCG major Hindustan Unilever Ltd today reported a 15.59 per cent jump in net profit to Rs 871.36 crore for the third quarter ended December 31, 2012. However, its shares slipped nearly 2.9 per cent.

Trading sentiment was hit as global markets depicted a mixed trend as investors awaited cues from key US corporate earnings to be released later today.

"European indices were showing mixed trend...Domestic market breadth was negative and profit-selling in lead stocks after recent gains led to pressure," said Rakesh Goyal, Senior Vice President, Bonanza Portfolio.

Overall, in 30-share BSE Sensex, 21 stocks ended lower including Infosys, Hero MotoCorp, Sterlite Industries, Tata Steel and Tata Power.

However, minor gains in Reliance Industries, ONGC and Bajaj Auto and around 1,5 per cent rise each in NTPC and Sun Pharma saved the market from a major fall.


Go to Top

Photo Gallery
Anganwadi workers shouting slogans during a protest rally by members of Nikhila Odisha Anganwadi...

Anganwadi workers shouting slogans during a protest rally by members of Nikhila Odisha Anganwadi...

Laborers pack newborn chicks into crates in Jammu...

Laborers pack newborn chicks into crates in Jammu...

A Kingfisher holds a prey (fish) in its beak on the banks of Dal Lake in Srinagar...

A Kingfisher holds a prey (fish) in its beak on the banks of Dal Lake in Srinagar...

Tourists ride Shikaras as they enjoy the cool weather at Dal Lake in Srinagar...

Tourists ride Shikaras as they enjoy the cool weather at Dal Lake in Srinagar...

Painted Storks catching fish in a pond at their enclosure in Kolkata Zoo...

Painted Storks catching fish in a pond at their enclosure in Kolkata Zoo...

Indian Air Force contingent of Ex Red Flag 16-1 at Eielson Air Force Base Alaska, USA...

Indian Air Force contingent of Ex Red Flag 16-1 at Eielson Air Force Base Alaska, USA...

A Royal Bengal Tiger at its enclosure in Kolkata Zoo on Wednesday...

A Royal Bengal Tiger at its enclosure in Kolkata Zoo on Wednesday...

Plantain Crop damaged at hunsur due to haevy rain...

Plantain Crop damaged at hunsur due to haevy rain...

Sapthagiri college of Engineering  students are using  Pulsar 220 DTSl Engine designed a 12 Feet...

Sapthagiri college of Engineering students are using Pulsar 220 DTSl Engine designed a 12 Feet...

A security person walks as clouds hover over the Parliament house during the Parliament session...

A security person walks as clouds hover over the Parliament house during the Parliament session...