Continuing on a downward spiral for the fifth successive session, the Sensex closed Tuesday’s trade 210 points or nearly one per cent down as healthcare and automobile stocks took a hit.
A day after suffering a 556-point decline, the Sensex, which opened at 27,860.51 points, closed the day’s trade at 27,676.04 points — down 210.17 points or 0.75 percent from the previous day’s close at 27,886.21 points.
The wider 50-scrip Nifty also closed the day’s trade in the negative territory. It was down by 70.35 points or 0.83 percent at 8,377.75 points.
The Sensex had touched a high of 27,976.93 points and a low of 27,598.21 points in the intra-day trade.
According to analysts, the markets remained in the negative zone as an extension of the sell-off seen in the previous trading sessions.
In Tuesday’s trade, healthy buying was observed in metal and consumer durables sectors.
However, stocks of healthcare, automobile, oil and gas, fast moving consumer goods (FMCG) and capital goods came under heavy selling pressure.
The BSE S&P healthcare index plunged by 556.76 points, followed by automobile index declined by 245.32 points, oil and gas index fell 103.83 points, FMCG index receded by 94.41 points and capital goods index was down by 82.33 points.
However, the S&P BSE metal index was up by 14.99 points and consumer durables index was higher by 13.95 points.