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Sensex ends at over 1-mth low, melts 318 pts

Press Trust of India  |  Mumbai 

The benchmark today tumbled 318 points to end at 31,214 -- an over one-month low -- and the cracked below 9,800, with geo-political aftershocks taking a big toll.

This is the first weekly fall in six for the markets.

In addition, weakness in the rupee against the American currency weighed.

The 30-share remained in the negative zone and settled down 317.74 points, or 1.01 per cent, at 31,213.59, its weakest closing since July 4. The index had tumbled 794.08 points in the last four sessions.

The after cracking the 9,700-mark to hit a low of 9,685.55, finally settled lower 109.45 points, or 1.11 per cent, at 9,710.80, a level last seen on July 7.

Sentiment suffered another jolt after the Economic Survey said achieving the high end of the 6.75-7.5 per cent growth projected previously will be difficult due to appreciation of rupee, farm loan waivers and transitionary challenges from implementing

For the week, the and both recorded first fall in six weeks, by plunging 1,111.82 points, or 3.43 per cent, and 355.60 points, or 3.53 per cent, respectively.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 11 2017. 16:13 IST