Tuesday 5 April 2016

Sensex dives 516 pts, Nifty ends at 7603 post RBI policy --- 5 April 2016

Equity benchmarks crashed 2 percent today due to slump in global peers and post RBI monetary policy. 

                                             
The Sensex shed 516.06 points to 24883.59 and the Nifty fell 155.60 points to 7603.20. About two shares declined for every share advancing on BSE.

ICICI Bank, Infosys, Tata Motors, SBI, Adani Ports and L&T were top five contributors to Sensex's fall, down 2-6 percent while only Lupin closed in green.


The Nifty50 came under pressure and was trading below its crucial support level of 7,650. The fall in the index was weighed down by losses in realty, consumer durable, banks, and auto stocks.

The broader market traded in line with benchmark indices with the BSE midcap and smallcap down by 0.70 and 0.5 per cent, respectively.



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