Sensex slips 207pts on late sell-off; Axis Bank sheds 6%, Bajaj Finance 5%

Stock market LIVE: Broader indices also trimmed gains at close; PSU banking shares were in demand, while private banking shares witnessed selling pressure

Closing Bell

After exhibiting lacklustre movement for the major part of the trading day, the key benchmark indices eventually ended in red as select financial shares extended losses at close. The BSE Sensex had touched a high of 61,577 in morning deals, but slipped to a low of 60,989 at the fag end of the day. The Sensex finally ended with a loss of 207 points at 61,143.

The NSE Nifty from a high of 18,342, slipped to a low of 18,168, and eventually ended 57 points lower at 18,211. India VIX was up 0.8 per cent at