Sensex sheds 83 points; realty, metal stocks plunge

After hitting a record high of 31,522.87, the Sensex closed the day at 31,290.74, down 232.13 or 0.73 per cent from its day's high and just 0.02 per cent high from its previous sessions close.

On a weekly basis, the Sensex gained 81.81 points, or 0.26%, while the broader Nifty shed 13.10 points, or 0.13%.

On the other hand, Sun Pharmaceutical Industries (0.97%), Wipro (0.79%), Dr Reddy'S Laboratories (0.71%), ICICI Bank (0.71%), Cipla (0.39%), and Infosys (0.32%) were the major gainers in the Sensex. The broader NSE Nifty moved between 9,647.65 and 9,565.30, before ending 55.05 points, or 0.57% down at 9,574.95. Although selling pressure was visible across all the sectors, banking, auto and realty stocks were the worst hit in today's trade.

AG Rosenstein sees no reason to fire Mueller
But as prosecutors sometimes say about those under investigation: We may not know what he did wrong, but he does. Rosenstein says the attorney general would be the only one who could fire Mueller .

Meanwhile, foreign funds bought shares net Rs 192.68 crore yesterday, as per provisional figures.

Fortis Healthcare plunged 7 percent after Malaysian hospital chain IHH Healthcare Berhad said it was nowhere close to concluding a deal to buy a majority controlling stake in the company. The S&P500 index inched 1.42 points lower to 2,435.61. Market breadth was in the favour of losers, with about 3 stocks falling to every 1 stock that advanced. The BSE Small-Cap index provisionally fell 1.46 per cent.

Frankfurt, Paris and London stock exchanges were all trading in the negative terrain.

  • Regina Walsh