After two days of rise, the benchmark BSE Sensex on Thursday slipped from its 2-1/2 months high by falling 75 points to 27,945.80 on late sell-off in metal and IT stocks as investors preferred to stay on the sidelines amid uncertainty over Greece situation. The 50-issue NSE Nifty fell by 8.15 points or 0.10 percent to 8,444.90. It shuttled between 8,479.25 and 8,433.20 during the session.
Major losers were Tata Motors (1.84 pc), Hindalco (1.72
pc), HDFC Bank (1.33 pc), Vedanta (1.08 pc), ONGC (1.07 pc),
Cipla (1.06 pc), Dr Reddy's (1.00 pc), Infosys (0.96 pc),
Maruti (0.89 pc), GAIL (0.79 pc) and HDFC (0.73).
Strengthening for the third straight
session, the rupee gained 10 paise to close at 63.51 against
the US dollar on Thursday on continued selling of the greenback by
banks and exporters.
Falling for the third straight day, gold prices slumped by Rs 210 to trade at over three-month low of Rs 26,500 per ten grams at the bullion market in the
national capital on Thursday.
Even as India Meteorological Department predicted deficient rainfall in July, Skymet, a private weather agency, on Thursday stuck to its forecast of
"normal" monsoon in the month. The agency has said the north, east and west India will receive normal rainfall but the southern peninsular may not witness the same.