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Sensex Falls 155 Points on Profit-Booking, Global Cues


PTI 10 Aug 2018, 10:27 AM India

The BSE Sensex tumbled over 155 points today to close below the 38,000-mark as investors booked profits amid lackluster global cues.

SBI was the biggest loser in the Sensex pack, diving 3.79 percent after the lender reported a hefty loss of Rs 4,876 crore for the June quarter.

The 30-share Sensex, after opening a shade higher at 38,050.07, quickly slipped below the 38,000-mark. It hit a low of 37,815.75 during the day, before finally finishing at 37,869.23 -- down 155.14 points, or 0.41 percent.

The index had gained 137 points to close at a lifetime high of 38,024.37 yesterday.

The NSE Nifty too lost 41.20 points, or 0.36 percent, to finish at 11,429.50. It had ended at a record high of 11,470.70 yesterday.

However, both the key indices finished with gains for the third week in a row.

The BSE Sensex recorded a rise of 313.07 points, or 0.83 percent, while the NSE Nifty advanced 68.70 points, or 1.01 percent, this week.

Meanwhile, domestic institutional investors (DIIs) sold shares worth a net Rs 85.39 crore, while foreign portfolio investors (FPIs) bought equities worth Rs 370.68 crore yesterday, provisional data showed.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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