Wednesday close: Sensex falls 447 points - Hindustan Times
close_game
close_game

Wednesday close: Sensex falls 447 points

PTI | By, Mumbai
Jun 04, 2008 04:56 PM IST

The 30-share barometer, which has been on a losing streak for past two trading sessions, lost another 447.77 points to close at 15,514.79 points.

The markets gave a thumbs-down to the hike fuel prices with the Sensex on the Bombay Stock Exchange dropping over 440 points on frantic selling in metals, capital goods and auto sector stocks

HT Image
HT Image

The 30-share barometer, which has been on a losing streak for past two trading sessions, lost another 447.77 points, or 2.81 per cent points to close at 15,514.79 points. The index touched the day's low of 15,442.34 and high of 15,952.90 points.

Hindustan Times - your fastest source for breaking news! Read now.

Similarly, the wide-based Nifty on the National Stock Exchange moved down by 130.30 points at 4,585.60. It dipped to a low of 4,564.50 and a high of 4,731.50 points during the session.

Metal index suffered the most by falling 808.93 points at 15,423.15, followed by capital goods index by 405.43 points at 12,115.82.

Oil and Gas index lost 352.98 points at 10,059.51.

Brokers said the hike in fuel prices augmented concerns of high inflation, besides fears of higher petrol and diesel rates leading to a fall in demand for vehicles.

Bank index lost 186.88 points at 7,210.37, realty index by 337.05 points at 6,389.20, consumer durable index by 132.47 points at 4,089.71, PSU index by 129.76 points at 6,598.43, power index by 121.83 points at 2,632.37 and IT index by 114.74 points at 4,397.35.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Friday, March 29, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On