Mumbai, Oct 3 (UNI) The equity market remained under pressure for the fourth consecutive session on Thursday, as the Sensex dropped 1769.19 pts, below 83K to close at 82,497.10 following tension in Middle East countries after Iran launched ballistic missiles at Israel earlier in the week.
The National Stock Exchange (NSE) slid 546.80 pts at 25,250.10.
Fears were also stoked in oil suppliers, as oil prices shot up which is a negative development for oil-importing countries like India.
The day opened on a negative note, as the Sensex slumped 1264 pts at 83,002.09. During the day it plummeted 1832 pts at 82,434.02, a day low, before closing at 82,497.10, sliding 1769 pts from its previous close.
The NSE registered days high and low at 25,639.45 and 25,230.30 pts respectively.
The stocks that dragged the market were Realty by 4.49 pc followed by Capital Goods by 3.18 pc, Auto by 2.94 pc, BSE services by 2.87 pc, and Oil and Gas by 2.52 pc.
The Mid-cap fell by 2.27 pc and the Small-cap by 1.84 pc.
In 30 scrips, 1 advanced, 28 declined with one remained unchanged.
The losers were L& T by 3.95 pc to Rs 3507.10, Reliance Industries by 3.93 pc to Rs 2814.80, Axis Bank by 3.87 pc to Rs 1178.50, and Asian Paints by 3.77 pc to Rs 3153.65.
The gainers were JSW Steel by 1.13 pc to Rs 1039.35 and Tata Steel by 0 pc to Rs 167.
Asian Market also remained negative, as Strait Times slipped by 0.20 pc, Hang Seng by 1.49 pc and Set Composite by 0.60 pc.
