Sensex crashes for third straight session, almost all stocks ends in red

Mumbai: The BSE Sensex crashed for the third straight session on Friday, tumbling down 1017.23 pts to settle at 81,183.93 almost all the stocks were ended in red amid weak global cues.

The National Stock Exchange (NSE) fell 292.95 pts at 24,852.15.

Seeing global market, investors expected to possibility of rate cut by US Fed.

The market remained negative throughout the session, as the Sensex opened weak at 82,171.08, fell 30 pts. During the day, it was dropped 1220 pts at 80,981.93, days low, before closing at 81,183.93, slumping 1017.23 pts from its previous close.

The NSE registered days high and low at 25,168.75 and 24,801.30 pts respectively.

The stocks that dragged the market were Telecommunications by 3.23 pc, Oil and Gas by 2.19 pc, Bankex by 1.93 pc and BSE services by 1.50 pc.

The Mid cap slipped 1.41 pc and Small cap by 0.96 pc.

In 30 scrips, 4 advanced while 26 declined.

The losers were SBI by 4.40 pc to Rs 782.60, ICICI Bank by 2.09 pc to Rs 1210.05, NTPC by 2.08 pc to Rs 395.15, HCL Technology by 1.95 pc to Rs 1755.50 and Reliance industries by 1.92 pc to Rs 2929.85.

The gainers were Asian paints by 1.13 pc to Rs 3274.50, Bajaj Finance by 1.03 pc to Rs 7317.65, JSW Steel by 0.79 pc to Rs 932.36 and Hind Unilever by 0.08 pc to Rs 2838.45.