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Sensex retreats, closes 158 points lower

Sensex retreats, closes 158 points lower

The benchmark index for Indian equities provisionally closed 158 points lower on Tuesday but managed to hold on to the 16,000 mark, amid selling in realty, banking and energy stocks.

The benchmark index for Indianequities provisionally closed 158 points lower on Tuesday but managed to holdon to the 16,000 mark, amid selling in realty, banking and energy stocks.

PERSPECTIVE: Will markets see another bloodbath?

The 30-scrip sensitive index (Sensex) of the BSE, whichopened at 16,210.37 points, closed at 16008.34 points), 158 points or 1 per centlower.

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The Sensex had touched an intra-day low of 15,952.54 points.The benchmark had closed Monday 471 points higher.

The 50-scrip S&P CNX Nifty of the National Stock Exchangealso ended lower at 4805.10 points, down 46 points from its previous close.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
Published on: Nov 29, 2011, 10:15 AM IST
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