Stocks dip in a volatile trade

Markets witness late hour recovery in banking stocks and index heavyweights.

September 10, 2015 11:07 pm | Updated November 16, 2021 04:28 pm IST - MUMBAI:

In a highly >volatile trade stock indices ended low on Thursday, following global cues, while the rupee slipped marginally to 66.43 a dollar compared to previous close of 66.41.

The BSE 30-share Sensex closed at 25622.17 with a loss of 97.41 points or 0.38 per cent. It touched a high of 25733.70 and a low of 25287.50 intra-day.

Among the broader indices BSE 100 lost 0.26 per cent and BSE 200 was down by 0.20 per cent. While mid-cap stocks were up by 0.65 per cent, the small-cap lost 0.40 per cent.

On the National Stock Exchange (NSE), the 50-share Nifty lost 30.50 points or 0.39 per cent to close at 7788.10.

“The markets continued to witness profit booking after two day rally, though late hour recovery in banking stocks and index heavyweights aided some recovery for the key indices,” said Jayant Manglik, President, Retail Distribution, Religare Securities Ltd.

Overseas > stock markets continued to drive sentiment on the domestic bourses. Intraday rebound on the domestic bourses accentuated towards the fag end of the trading session as European stocks recovered and as trading in U.S. index futures indicated a recovery for U.S. stocks from previous trading session's sharp slide.

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