Mumbai: The BSE 30-share sensitive index Sensex slipped 80.74 points to 48,093.32 points on Thursday and the National Stock Exchange’s Nifty slipped 8.90 points to 14,137.35 points amid strong selling pressure from FMCG and IT sector companies amid strong cues from most Asian markets.
The Sensex opened at 48,524.36 points today on the basis of strong signals from foreign markets. During the trading, it reached the day’s high of 48,558.34 points due to buying by metal and telecom companies. It slipped to a day’s low of 48,037.87 points due to continued selling in FMCG and IT companies. In the end, it closed at 48,093.32 points, down 0.17 percent from the previous day. Of the 30 Sensex companies, 18 were in the decline and 12 in the bull run.
The Nifty opened at 14,253.75 points in the lead. During trading, it was between the day’s high of 14,256.25 points and the day’s low of 14,123.10 points. It finally fell 0.06 percent to close at 14,137.35 as compared to the previous day. 27 out of 50 Nifty companies were in the boom and 23 in the fall.
A total of 3,227 companies traded on the BSE today, of which 1,969 rose sharply and 1,108 declined while the prices of 150 companies closed steady.
Unlike the BSE giants, investors were favored by small and medium companies. The BSE midcap 1.07 percent ie 197.71 points up at 18,946.74 points and the smallcap 0.85 percent or 157.69 points up 18,772.86 points.
