Stock Market dropped today as rising crude oil prices and weakening rupee spoiled investor’s sentiment. The BSE Sensex plunged 360.43 points to close at 33,370.76, while the NSE Nifty 50 ended 101.60 points lower at 10,350.20 on profit booking in banks, O&G, banking & financials, metals and auto stocks.
Barring IT stocks all other indices ended lower with PSU Bank and Nifty Pharma falling 3.92% and 4.29%, respectively, while Energy, consumer durables and realty indices fell more than 2%.
HPCL, Infosys HCL, TCS and Tech
Mahindra are among the gainers, while SBI, UPL, Lupin, Cipla, and Bharti Airtel are losing steam on NSE. Out of 1975 stocks traded on the NSE, there were 335 advances against 1083 declines, and 36 stocks remained unchanged today.
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