Tuesday 2 February 2016

Live Share Market Closing Update

Metal stocks drag Sensex to end 286 points down, Nifty settles at 7,455; RBI maintains status quo
Benchmark indices BSE Sensex and NSE Nifty tumbled over 1 per cent on Tuesday on account of selling in metal, oil and gas, healthcare and power stocks amid global market sell-off.
Benchmark indices BSE Sensex and NSE Nifty tumbled over 1 per cent on Tuesday on account of selling in metal, oil and gas, healthcare and power stocks amid global market sell-off. The sentiments were also affected after the Reserve Bank of India (RBI) kept its key policy rates unchanged, opting to wait for the government’s annual budget statement at the end of February for  further easing.
The 30-share index BSE Sensex closed 285.83 points down at 24539, while the 50-share index NSE Nifty settled 100.40 points down at 7,455.55.
In the 30-share index, Tata Steel, NTPC, BHEL, Cipla and Sun Pharma slid between 3.50 per cent and 8 per cent.



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