Sensex sinks 239 points |
BSE Sensex dived for a third straight session June 13 to hit an over two-week low as investors cut down exposure after India’s factory output fell in April amid continued global sell-off on growing anxiety over the future of Britain in the European Union.Moreover, the rupee again breaching the 67-level against the dollar weighed on trading sentiment. Mid-cap and small-cap indices fell 0.50 per cent and 0.45 per cent, respectively, on sustained selling pressure from retail investors.Expectations of CPI having risen more than previous month may also have added to bearish cues, especially after the RBI governor airing his concerns in the recently concluded monetary policy review. Global markets also continued to fall on renewed worries over the fate of Britain in the European Union, as also upcoming meetings of central banks in the US and Japan.The BSE Sensex touched a low of 26,262.27 before winding up 238.98 points or 0.90 per cent down at 26,396.77, its weakest closing since May 26. The index had fallen by 384.91 points in the previous two sessions.The 50-issue NSE Nifty tumbled 59.45 points or 0.73 per cent to close 8,110.60 after cracking below the 8100-level to hit a low of 8,063.90.
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