News Nation Logo

Closing Bell: Sensex slides 219 points on weak global cues

PTI | Updated on: 25 Jun 2018, 04:11:41 PM
Closing Bell: Sensex slides 219 points on weak global cues

Mumbai:

The BSE Sensex slumped over 219 points to close at 35,470.35 on Monday amid a weak rupee and continuing trade spat between the US and China.

After a positive start, the 30-share benchmark advanced to a high of 35,806.97, but turned negative and hit a low of 35,430.11 on profit-booking and foreign fund outflows.

It finally ended at 35,470.35 -- down by 219.25 points or 0.61 per cent.

On similar lines, the NSE Nifty cracked below the 10,800-mark to hit a low of 10,753.05 intra-day, before closing at 10,762.45 with a loss of 59.40 points, or 0.55 per cent.

Brokers said negative leads from the global markets on lingering worries about US-Chinese trade tensions and capital outflows by foreign funds mainly hit investor sentiment.

Meanwhile, foreign portfolio investors (FPIs) sold shares worth a net Rs 1,343.44 crore, while domestic institutional investors (DIIs) bought shares worth Rs 1,105.76 crore on Friday, as per provisional data.

For all the Latest Business News, Download News Nation Android and iOS Mobile Apps.

First Published : 25 Jun 2018, 04:11:24 PM

Videos