Sensex down 190 points, financials in red
- Country:
- India
Caution ahead of the key micro-economic data and selling in key sector stocks dragged the major indices, the most being the realty sector stocks.
Realty sector stocks traded over 1 per cent lower after Finance Minister Arun Jaitley said at Thursday's GST Council Meeting that owing to diverse opinions, a decision on the much-expected rate reduction for under-construction homes will be taken at a later meeting.
The IT sector stocks also witnessed heavy selling pressure.
At 2.18 p.m., the BSE Sensex traded 190.44 points or 0.53 per cent lower to touch 35,916.06.
It opened at 36,191.87 on Friday from its previous close of 36,106.50 on Wednesday.
The benchmark index touched an intra-day high of 36,214.26 and a low of 35,840.60.
The broader Nifty50 declined 57.40 points, or 0.53 per cent, to 10,764.20.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- BSE
- BSE SENSEX
- Sun Pharmaceutical Industries Ltd.
- Arun Jaitley
- Nirmala Sitharaman
- Union Council of Ministers
- Berger Realty
- Magnolia Realty
- Hatteras Realty
- Home construction
- Mortgage calculator
- Dewan Housing Finance Corporation
- JSW Steel Ltd
- construction homes
- Nifty50
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