Mumbai, Nov 13 (UNI) The equity market remained under pressure for the fifth consecutive session on Wednesday, with BSE Sensex slumping 984.23 points to settle at 77,690.95 because of continuing foreign fund outflows, weak earnings in the second quarter, and spiking the country’s retail inflation to a 14-month high.
The National Stock Exchange (NSE) slipped 324.40 points at 23,559.05.
The Nifty registered days high and low at 23,837.60 and 23,509.60 points, respectively.
The day opened in red at 78,495.53, declining 160 pts. During the day it tanked 1142 pts at 77,533.30, days low, before closing at 77,690.95, plummeted 984.23 pts from its previous close.
It was registered days high at 78,690.02, rising 15 points.
The stocks that drifted lower were Realty by 3.23 pc, Industrials by 2.95 pc, Metal by 2.54 pc, and Commodities by 2.45 pc.
The midcap fell 2.56 pc, while the small cap fell by 3.08 pc.
In 30 scrips, 4 advanced, while 26 declined.
The losers were M&M by 3.23 pc to Rs 2801.80, Tata Steel by 3.02 pc to Rs 139.80, Adani Ports by 2.82 pc to Rs 1287.95, JSW Steel by 2.18 pc to Rs 936, and IndusInd Bank by 1.89 pc to Rs 1039.05.
The gainers were Tata Motors by 0.29 pc to Rs 787.20, NTPC by 0.21 pc to Rs 380.85 and Asian Paints by 0.16 pc to Rs 2479.10.
