BSE Sensex closes down by 111 pts as Bharti Airtel, SBI shares drag, Nifty sheds 36

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After a better start, Sensex tumbled by 110.90 points, or 0.57 per cent to 19,497.18. (Reuters) After a better start, Sensex tumbled by 110.90 points, or 0.57 per cent to 19,497.18. (Reuters)
SummaryAfter a better start, Sensex tumbled by 110.90 points, or 0.57 per cent to 19,497.18.

per cent while Singapore's Straits Times fell 0.32 per cent.

European stock markets were trading lower after reports said French economy shrank more-than-expected in the final quarter of last year. Key benchmark indices in Germany and UK declined by 0.08 per cent to 0.17 per cent while France's CAC inched up by 0.05 per cent on value-buying.

Turning back to the local market, 16 scrips out of 30-share Sensex declined while 14 ended higher.

Major losers were Bharti Airtel (4.02 pc), Wipro (3.33 pc), Maruti Suzuki (3.30 pc), L&T (2.72 pc), RIL (2.63 pc), Tata Motors (2.59 pc), SBI (1.80 pc), ICICI Bank (1.64 pc), Cipla (1.57 pc), Dr Reddy's (1.44 pc), Hero MotoCorp (1.44 pc) and Sterlite Industries (1.11 pc).

However, HUL rose by 2.24 per cent, followed by Gail India 1.97 per cent, HDFC Bank 1.65 per cent, Tata Steel 1.17 per cent, TCS 1.15 per cent, Coal India 0.92 per cent and Infosys 0.85 per cent.

The market breadth continued to show negative trend as 1,501 scrips ended lower, while 656 stocks finished higher and 804 ruled steady. The total turnover improved further to Rs Rs 2,165.93 crore from Rs 2,041.36 crore yesterday.

Meanwhile, foreign institutional investors (FIIs) bought shares worth net Rs 800.31 crore yesterday as per provisional data from the stock exchanges.

Stocks More on Bharti Airtel

Company INFO More on Wipro Ltd

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