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Sensex down by 211.92 pts

Posted on Dec 22, 11:38AM | UNI

The benchmark Index of the Bombay Stock Exchange (BSE) lost further ground today by 211.92 points to 19,242 as heavy selling pressure was witnessed in Realty, Metal, Auto and Banking stocks coupled with weak global cues.

The Nifty of National Stock Exchange (NSE) shed 68.70 points to 5,847.70 The BSE Sensex opened low by 59 points to 19,394.55 points.

It lost by 232.80 points at the day's low of 19,221.12 in late trade, before closing at 19,242.00 points, sliding by 211.92 points against its last close.

Key benchmark indices extended losses to hit fresh intraday low in late trade as stocks fell across the globe.

BSE Mid-Cap and Small-Cap index dropped more than 1 per each.

Index heavyweight and cigarette maker ITC reversed intraday losses in late trade. Another index heavyweight Reliance Industries (RIL) extended losses in late trade.

Realty stocks edged lower. Auto and Aviation stocks dropped for the second straight day today.

Adani Enterprises rose as the Offer for Sale (OFS) of the company's shares through the stock exchanges mechanism was fully subscribed.

Shares in Bharti Airtel edged lower on reports the Central Bureau of Investigation (CBI) today, filed charges against Bharti Airtel and Vodafone Group Plc's India unit as part of a probe into alleged corruption in allocation of mobile phone airwaves. a decade ago.

Jindal Steel was the major loser, down by 3.52 per cent. Other scrips including Hindlco Industries, Sun Pharma and State bank of India dragged the marker further today.

The Nifty of National Stock Exchange (NSE) recorded the day's high and low at 5888.55 and 5841.65 points respectively.

The total turnover on the BSE was of Rs 2214 crore, lower than Rs 2423 crore yesterday.

The market breadth, was weak. On BSE, 1,916 shares declined and 998 shares rose. A total of 105 shares were unchanged.

From the 30-share Sensex pack, 28 stocks declined while only two of them gained.

Asian stocks fell today. Key benchmark indices in China, Hong Kong, Indonesia, Japan, Taiwan, Singapore and South Korea fell between 0.11 pc to 0.99 pc.