Tuesday, September 21, 2021
HomeBusinessSensex falls 214 points to near 4-month low; Nifty below 8,200

Sensex falls 214 points to near 4-month low; Nifty below 8,200

Logging its third straight weekly fall, the benchmark BSE Sensex slipped by 214 points to end at 27,011.31, while Nifty ended below the 8,200-mark on account of declines in blue-chips as the monthly derivative contract expired on Thursday.

Across-the-board selling on the last day of April series derivative contracts, MAT worries, disappointing Q4 results so far and sluggish global cues pulled down markets.

Participants were seen offloading their long positions in Futures and Options (F&O) segment instead of carrying them forward to the next May series, brokers said.

The BSE Index had closed at 26,908.82 on January 7.

The 50-share NSE Nifty tumbled below the 8,200-level by falling 58.25 points or 0.71 per cent to close at 8,181.50. During the session, it moved between 8,229.40 and 8,144.75.

Meanwhile, the rupee fell by 45 paise to 63.75 levels (intra-day) against the US dollar on capital outflow worries.

Delay in land acquisition bill too hurt sentiment and accelerated selling by foreign investors.

The BSE 30-share barometer after resuming a shade higher at 27,242.05 fell back below the 27,000-mark and gradually moved down to a low of 26,897.54 before concluding at 27,011.31, a fall of 214.62 points or 0.79 per cent.

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