Sensex falls 170.12 points, Rupee falls 3 paise against USD

The BSE Sensex on Friday slipped 170.12 pts to close at 72,240.26 as selling was seen in oil and gas, IT, energy, and technology stocks.The National Stock Exchange (NSE) eased 47.30 points to 21,731.40.

The NSE posted days high and low at 21,770.30 and 21,676.90 points, respectively.Lackluster trading was seen in the last trading session of this year, as the Sensex opened weak at 72,351.59, down 59 points. During the day, it dropped 428 points to 72,082.64, days low, before closing at 72,240.26, tumbling down 170.12 points from its previous close.

The stocks that dragged the market were oil and gas, IT, energy, and technology. Oil and gas declined by 1.10 pc, energy by 1 pc, IT by 0.46 pc, and technology by 0.36 pc.The midcap was up by 0.85 pc and the smallcap by 0.69 pc.In 30 scrips, 11 advanced while 19 were down.

The losers were SBI by 1.37 pc to Rs 642.20, Infosys by 1.28 pc to Rs 1543, Tech Mahindra by 1.10 pc to Rs 1272.05, NTPC by 1.07 pc to Rs 310.80, and IndusInd Bank by 1.03 pc to Rs 1593.55.The gainers were Tata Motors by 3.38 pc to Rs 779.70, Nestle India Ltd by 1.60 pc to Rs 2666, Hind Unilever by 0.92 pc to Rs 2558, and Tata Steel by 0.76 pc to Rs 139.20.

Rupee falls 3 paise against USD

The rupee on Friday declined three paise to close at 83.20 on rising demand for the US dollar by bankers and importers, dealers at the Foreign Exchange said.A minor oscillation was witnessed during the session as the domestic unit rose marginally by two paise at 83.15 in early trade, later erased earlier gains, and finished at 83.20, sliding three paise as compared to its previous close.The rupee recorded intraday highs and lows at 83.14 and 83.22, respectively, the dealer added.(UNI)