Mumbai, Feb 19 (SocialNews.XYZ) The stock market continued its decline with the BSE Sensex losing around 500 points.
Sensex has given up the 51,000-mark and the Nifty50 is also trading below the psychological level of 15,000 points.
Around 2.44 p.m., Sensex was trading at 50,823.41, lower by 501.28 points or 0.98 per cent from its previous close of 51,324.69.
It opened at 51,238.02 and has touched an intraday high of 51,432.99 and a low of 50,693.29 points.
The Nifty50 on the National Stock Exchange was trading at 14,958.15, lower by 160.80 points or 1.06 per cent from its previous close.
The across-the-board selloff was led by banking, auto and metal stocks. Analysts said that investors are taking to profit booking after the recent surge to new highs.
The top losers on the Sensex were ONGC, State Bank of India and Axis Bank, while Hindustan Unilever, IndusInd Bank and Reliance Industries were the major losers.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
