Business   

Sensex drops 162 points

MUMBAI: Falling crude oil prices dampened market sentiment for the second consecutive day with the Bombay Stock Exchange benchmark Sensex on Wednesday closing 162 points lower amid heavy selling pressure from foreign funds.

Foreign institutional investors reportedly were sellers in two sessions in reaction to falling global oil prices, which ruled slightly over $58 a barrel in Asian trade during the day. Rising to 12419.65 in the initial stages, the Sensex gradually moved downwards to the day's low of 12178.83 before closing at 12204.01, a net fall of 162.38 points or 1.31 per cent. — PTI

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

NIIT in pact with DSTA
HP's `Halo' now in Asia Pacific
Aspocomp to set up PCB plant in Nokia SEZ
No cut in oil prices: FM
Telcos given three more months to comply with FDI norms
No farmer displaced by SEZs, says official
HPCL offers stake in Bhatinda
Vasan eye hospital to expand operations
Farm products with organic certification
Nabard sanctions Rs. 342 crore to KSCB
KTDC launches helicopter tourism
Raise domestic power rates: Montek
Sensex drops 162 points
Rupee rises further
Exchange rates
Bullion rates
Dow Jones at new high
Industrial production growth rate dips
TDSAT refuses stay on CAS tariff
NCDEX re-schedules deadline
Essar Tele sets exit price for delisting
Satyam sets up R&D hub in Singapore
MRF turnover up 22 p.c.
Bharti surrenders CDMA spectrum in MP
Suresh Krishna gets Jiaxing award
MyBroker launches online trading at one paisa

Copyright © 2006, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu