Sensex slides 69 points ahead of Budget; ends below 36,000

Filed under: Business |

January 31, 2018

The BSE Sensex slipped 69 points to close below the key 36,000-mark on Wednesday following offloading of bets by retail investors and fresh capital outflows by foreign funds amid mixed global cues.

Investors remained on the sidelines ahead of the Budget to be presented tomorrow.

The 30-share index remained in the negative zone for the major part of the session and lost 68.71 points, or 0.19 per cent to finish at 35,965.02. Intra-day, it shuttled between 35,818.41 and 36,050.69.

The index had retreated from its lifetime high by falling 249.52 points in the previous session.

The broad-based NSE Nifty hit a low of 10,979.30 intra-day, managed to end above the 11,000-level at 11,027.70, down 21.95 points, or 0.20 per cent.

According to provisional figures, foreign portfolio investors (FPIs) sold shares worth Rs 105.56 crore on net basis while domestic institutional investors (DIIs) also offloaded equities to the tune of Rs 281.65 crore on Tuesday.(Agencies)

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