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Sensex drops 72 points


MUMBAI: The upbeat mood over earnings season was shortlived as investors on Thursday turned cautious ahead of the Bank of Japan (BoJ) meeting, pulling down the Bombay Stock Exchange benchmark Sensex by 72 points to 10858.50.

Asian markets remained under pressure during the day, following expectations that the BoJ might end its zero-rate policy with a 25 basis point increase in the benchmark rates. The BSE 30-share sensitive index opened weak at 10922.61 and gradually moved down to the intra-day low of 10797.49 before closing at 10858.50 against the last close of 10930.09, up 71.59 points. — PTI

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