Sensex falls 220 points at midsession

Mumbai, June 30: The Bombay Stock Exchange index Sensex fell by over 220 points at midsession today on profit selling by funds at existing higher levels.

The Sensex, which opened higher by 121 points, fell by 220.40 points to 14,565.34 at 1330 hrs with heavyweight stocks in realty, power and metal segments recording hefty losses.

The wide-based National Stock Exchange index Nifty lost 75.45 points at 4,315.50 points. Nifty had gained 35.80 points in early trading.

Marketmen said selling pressure gathered momentum as funds indulged in booking profits at existing higher levels.

They said weak opening in European stock markets further fuelled the weakening trend.
–PTI