Friday , November 25 2016
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Upcoming US macro data dent markets; Sensex closes 563 points down

sensex

Expectation of an interest rate hike in the US, strengthening crude oil prices and weakening of rupee value dented investor sentiments — leading to a barometer index to provisionally close 563 points down on Friday.

The barometer 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) plunged by 562.88 points or 2.18 percent (at 3.30 p.m.).

Bearish sentiments were also witnessed at the wider 50-scrip Nifty of the National Stock Exchange (NSE). It closed 170 points or 2.17 percent down at 7,653.45 points.

The S&P BSE Sensex, which opened at 25,772.58 points, provisionally closed at 25,201.90 points — down 562.88 points or 2.18 percent from the previous day’s close at 25,764.78 points.

The Sensex touched a high of 25,775.38 points and a low of 25,119.06 points in the trade.

IANS