Sensex loses 9k mark, ends 264 pts down

Sensex loses 9k mark, ends 264 pts down
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First Published: Fri, Dec 05 2008. 04 00 PM IST
Updated: Fri, Dec 05 2008. 04 00 PM IST
New Delhi: The Bombay Stock Exchange benchmark Sensex on Friday, 5 December slipped by over 200 points on profit selling by funds in blue-chips.
The 30-share barometer fell by 264.55 points at 8965.25 with stocks of SAIL, BPCL and Tata Consultancy dropping significantly.
The wide-based National Stock Exchange index Nifty also dipped by 73.60 points at 2714.40.
Capital manufacturing segment index suffered the most, BPCL slipping by 7.3% at Rs337.15, Sterliteinds (6.38%, Rs240.70) and SAIL (6.32%, Rs66).
Expectations of an interest rate cut and an industry announcement of a stimulus package, which helped index surge on Thursday did not boost trading on Friday.
Amid auto industry facing losses Nikkei closed 7% down but other Asia stocks rallied with Hang Seng ending 2% up.
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First Published: Fri, Dec 05 2008. 04 00 PM IST
More Topics: Sensex | Stocks | Indian Markets | BSE | NSE |