Sensex loses 9k mark, ends 264 pts down

Sensex loses 9k mark, ends 264 pts down

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.