Sensex slips 248 pts, Nifty holds 11,850

Tuesday,   10-Dec-2019   04:27 PM (IST)

Profit-booking continued at the bourses as weak domestic and global economic scenario kept investors on the sidelines. Tata Consultancy Services (TCS), ITC, Reliance Industries, and Axis Bank contributed the most towards today's fall. The benchmark S&P BSE Sensex ended at 40,239.88 level, down 247.55 points or 0.61 per cent. YES Bank, down 10 per cent, was the top laggard among the Sensex pack , while Bajaj Finance, up over 1 per cent, was the top performer. In the intra-day trade, the Sensex declined 380 points from day's high to hit a low of 40,208.70. On the NSE, the Nifty50 closed below the 11,900-mark at 11,856.80 level, down 81 points, or 0.68 per cent. On the sectoral front, all the indices settled the day in the red. Nifty informational technology, public sector bank, metal and FMCG indices settled with over 1 per cent cut each. The broader markets underperformed the benchmarks in Tuesday's session. The S&P BSE mid-cap index closed 1.1 per cent lower at 14,519.78 level, while the S&P BSE small-cap index ended at 13,145.27 level, down 1 per cent.