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Sensex sheds 150 points

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MUMBAI: The stock markets reacted negatively with the Bombay Stock Exchange (BSE) benchmark Sensex on Tuesday shedding 150 points in high volatility caused by approaching expiry of February contract in derivatives.

The markets turned weak as operators and retail investors intensified selling pressure in a bid to roll over positions to March series.

After touching the day's high of 14466.76, the Sensex later came under heavy pressure and gradually moved downwards to a low of 14230.47 before closing at 14253.38, a net fall of 149.52 points or 1.04 per cent.

Similarly, the National Stock Exchange's S&P CNX Nifty fell by 57.60 points or 1.38 per cent to 4106.95. PTI


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