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Sensex slides for third day

The loss for the Sensex read 372.69 points over the previous two sessions

Press Trust of India  |  Mumbai 

Photo: Shutterstock
Photo: Shutterstock

Stock investors got increasingly worried about the possibility of fiscal slippage as the plunged 181 points due to concerns over trade deficit that ballooned to an almost three-year high.

Lacklustre earnings by some blue-chip companies left investors disheartened, too.

are pricing in the potential for a fiscal deficit target being pushed higher, with recent data showing pressures from both weak as well as high prices,” said Anand James, Chief Market Strategist, Services Ltd.

The opening for the 30-share was positive, but positivity ended there as the index started rolling down afterwards. It settled at an over three-week low of 32,760.44, down 181.43 points, or 0.55 per cent.

Sensex slides for third day

The loss for the read 372.69 points over the previous two sessions.

At the close, the was lower by 68.55 points, or 0.67 per cent, at 10,118.05. Intra-day, it moved between 10,175.45 and 10,094.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Wed, November 15 2017. 23:28 IST
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