Sensex plummets 318 points to 19-month low Friday January 15,2016

 

The benchmark BSE Sensex plunged by 317.93 points today to hit a fresh 19-month low of 24,455.04 as muted earnings by some blue-chips and oil prices that fell below USD 30 a barrel combined to pull down the domestic equities for a second straight week.

The broader NSE Nifty also broke below the 7,500-level on across the board selling.

For the week, the BSE Sensex and the NSE Nifty lost 479.29 points or 1.92 per cent and 163.55 points or 2.15 per cent, respectively

Overall, of the 30-pack Sensex, 25 scrips declined.

In the sectoral space, realty index suffered the most by falling 4.20 per cent followed by power 3.88 per cent, infra 3.87 per cent, PSU 2.84 per cent, capital goods 2.82 per cent, banking 2.72 per cent and metal 2.61 per cent. However, IT index bucked the trend and rose by 0.07 per cent.

In line with the overall trend, small-cap and mid-cap indices edged lower by 3.13 per cent and 2.68 per cent.