Sensex drops over 250 pts ahead of F&O expiry

DN Bureau

Domestic equity benchmark BSE Sensex dropped over 250 points in early trade on Thursday dragged by heavy selling in banking stocks ahead of the expiry of August derivatives amid weak cues from other Asian markets.

NSE
NSE


Mumbai: Domestic equity benchmark BSE Sensex dropped over 250 points in early trade on Thursday dragged by heavy selling in banking stocks ahead of the expiry of August derivatives amid weak cues from other Asian markets.

Also Read: Dynamite News UPSC Conclave 2019- A mega event with three woman-IAS toppers at one platform

After hitting a low of 37,191.79, the 30-share index was trading 215.51 points, or 0.58 per cent, lower at 37,236.33 at 0930 hours, while the broader Nifty fell 58.90 points, or 0.53 per cent, to 10,987.20 in early trade.

Also Read | Sensex jumps over 200 pts; Nifty reclaims 11,000

In the previous session, the BSE barometer the 30-share Sensex settled 189.43 points, or 0.50 per cent, lower at 37,451.84. Similarly, the broader NSE Nifty fell 59.25 points, or 0.53 per cent, to 11,046.10.

Also Read: Sanjay Kothari, Secretary to the President of India- Choice of subjects is the basis of success in UPSC exam

Also Read | Stocks witness muted trading, Zee Entertainment gains by 6.8 pc on stake sale

The rupee, meanwhile, depreciated 18 paise against its previous close to trade at 71.95 in early session. Exchanges on Wall Street ended in the green on Wednesday. (PTI)










Related Stories