Wednesday 26 August 2015

Sensex Down 318 Pts, Nifty Ends At 7792 On Weak Global Cues

Posted by suhani varma on Wednesday, August 26, 2015 with No comments

Equity benchmarks lost more than one percent on Wednesday ahead of July F&O contracts expiry and dragged by weak global cues. The Sensex plunged 317.72 points or 1.22 percent to 25714.66 and the 50-share NSE Nifty slipped 88.85 points or 1.13 percent to 7791.85.

The BSE Midcap also lost ground, down 0.8 percent. The market breadth was marginally negative as about 1332 shares advanced against 1339 shares declined on the Bombay Stock Exchange. Hero Motocorp, HDFC, M&M, SBI, Bharti Airtel, Ambuja Cements, Tech Mahindra and Bank of Baroda were the biggest losers, down 3-4.5 percent. However, BHEL, Bajaj Auto, Coal India, Wipro, Cairn India, Tata Power and Tata Motors gained 1-4 percent.

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