Breaking |

Breaking |

Sensex retreats from record level, plunges by 207 pts
Published : Oct 26, 2017, 11:28 am IST
Updated : Oct 26, 2017, 11:28 am IST
SHARE ARTICLE

Mumbai: The BSE benchmark fell by over 200 points, pulling back from its record highs, on heavy profit booking in banking, FMCG, oil and gas, pharma and capital goods stocks after a recent rally.  

Offloading of positions by participants with today being the last trading session of October series contracts in the derivatives segment pulled the index back from record levels, a broker said. The 30-share index opened gap down at 33,025.17 against yesterday's record close of 33,042.50 and quickly raced to a high of 33,074.91.  

Advertisement


However, the index retreated on emergence of profit booking in recent gainers to touch a low of 32,835.06, down by 207.44 points or 0.62 per cent. The gauge had gained 659.57 in the previous three sessions.   Sectoral indices led by consumer durables, power, FMCG, infrastructure and auto stocks were trading in the red, falling up to 0.43 per cent.  

The NSE Nifty fell by 21.40 points, or 0.20 per cent, to 10,273.95. Major losers were HDFC ltd, Asian Paints, HDFC Bank, Hind Unilever and Kotak Bank with losses of up to 1.66 per cent. State-run lenders continued their upward trend as PNB, SBI and Bank of Baroda rose up to 9.68 per cent.    

Advertisement


Asian markets were mixed with Hong Kong's Hang Seng dropping 0.15 per cent while Japan's Nikkei moving up by 0.16 per cent in early trade. The Shanghai Composite Index too inched up by 0.18 per cent. The US Dow Jones Industrial Average ended 0.48 per cent lower yesterday. PTI

Advertisement

SHARE ARTICLE
Advertisement
Advertisement

41 Years After 1984 Sikh Riots: PM Narendra Modi\'s big statement on 1984 Sikh Genocide | Sikh Riots

02 Nov 2025 6:10 PM

Jaggu Bhagwanpuria Lawyer Byte: Hear from Jaggu Bhagwanpuria\'s lawyer how many days of remand did he get?

02 Nov 2025 6:08 PM

Punjab news: Donkey route-path of death; Kaithal youth killed by donkey drivers

31 Oct 2025 7:22 PM

Captain Amarinder speaks for the first time on the issue of taking oath while holding Gutka Sahib

30 Oct 2025 7:29 PM

Former Badal rival Captain's big statement — Why is the Majithia government conducting an investigation?

30 Oct 2025 7:25 PM

Firozpur Scorpio Accident Video: You will never have seen such an accident before | Punjab Accident

29 Oct 2025 7:04 PM
Advertisement