Sensex sheds 485.82 points, Nifty low by 152

Mumbai, July 8 (UNI): The BSE Sensex on Thursday tumbled down 485.82 points to settle at 52,568.94 as selling was seen in metal, materials, bankex and finance stocks.

Nifty too fell by 151.75 points to 15,727.90.


Sensex opened almost on a flat note at 53,065.69, rising by 11 points. It further gained 49 points to 53,103.93, the day’s high.

Later, it dipped 636 points to 52,428.84, the day’s low, before closing at 52,568.94, sliding by 485.82 points from its last close.

Sensex registered days high and low at 53,103.03 and 52,428.84 points, respectively.

Nifty recorded days high and low at 15,885.75 sand 15,682.90 points, respectively.

The sectoral indices like metal, materials, bankex, finance and auto dragged the market.

In scrips, Tata Steel, Sun Pharma, Dr Reddy Lab, ICICI Bank and SBI tumbled down, however, buying in Tech Mahindra, Bajaj Auto, Powergrid, IndusInd Bank and HCL Technology capped from further losses.

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