Business
Ahead Of RBI’s MPA Announcement , Sensex And Nifty Sees Slide, Close Lower
During the day, it declined 464.32 points or 0.57 per cent to hit an intraday low of 80,554.40. The broader NSE Nifty fell 73.20 points or 0.30 per cent to close at 24,649.55.
Image : Representational Purpose Only
Benchmark stock indices Sensex and Nifty closed lower following selling in oil & gas and banking shares ahead of the Reserve Bank’s monetary policy announcement on August 6.
The 30-share BSE Sensex fell by 308.47 points or 0.38 per cent to close at 80,710.25.
During the day, it declined 464.32 points or 0.57 per cent to hit an intraday low of 80,554.40. The broader NSE Nifty fell 73.20 points or 0.30 per cent to close at 24,649.55.
In the intra-day session, it slipped by 132.45 points or 0.53 per cent to 24,590.30.
Among Sensex shares, Adani Ports, Reliance Industries, Infosys, ICICI Bank, Eternal, BEL, HDFC Bank, Power Grid, ITC and Sun Pharmaceutical were the major laggards.