The benchmark Sensex of the BSE recovered almost 100 points from its day’s low to close Thursday’s volatile trade session at 35,037.64 points, down 179.47 points or 0.51% from its previous close. The Nifty lost the 10,600 mark and closed 82.30 points or 0.77% at 10,589.10 points. According to market experts, negative global cues, along with rising crude oil prices and a weak rupee, hampered investors risk-taking appetite.
The Sensex slipped below the 35,000 mark to a low of 34,937.15 in late afternoon trade as intense selling in blue chips ICICI Bank, Tata Motors, Power Grid, Coal India, Reliance Industries, SBI, Bajaj Auto, Maruti Suzuki and HDFC weighed heavy on the benchmark Sensex. However, gains in shares of Infosys, NTPC, M&M, Bharti Airtel, Kotak Bank and HDFC Bank limited the fall of the Sensex. On Thursday, rupee breached the 69 per US dollar mark to an all time low.