Mumbai, Aug 3 (UNI) The equity market further lost ground on Thursday as the BSE sensex dropped 542.10 pts to settle at 65,240.68, along with Asian peers on caution after Fitch’s downgrade of the United States’ credit rating.
The Nifty of the National Stock Exchange (NSE) fell 144.90 points to 19,381.65 points.
The Sensex declined 232 points to 65,550.82 in opening trade.
It plummeted nearly 819 pts to 64,963.08, a day low, before closing at 65,240.68, sliding 542.10 pts from its previous close.
Stocks like real estate, metals, Financial services, banking, and Oil and gas kept the market weak today.
As Realty fell by 1.85 percent, followed by Metal by 1.15 percent, Bankex by 1.06 percent, Financial Services by 0.94 percent, and Oli and Gas by 0.92 percent.
In scrips, Titan was worst hit, sliding by 2.40 pc to Rs 2907, Bajaj Finserv by 2.29 pc to Rs 1492, ICICI Bank by 2.09 pc to Rs 966.95, Nestle India Ltd by 1.99 pc to Rs 22,420.05, and Ultrasemco by 1.68 pc to Rs 8147.25.
The gainers were Infosys by 0.60 pc to Rs 1365, JSW Steel by 0.58 pc to Rs 808.60, NTPC by 0.41 pc to Rs 220, and Powergrid by 0.14 pc to Rs 248.95.
The midcap rose by 0.14 percent and the small cap by 0.23 percent.
In 30 scrips, 4 advanced while 26 declined.
The Asian market also fell, with the Strait Times down 0.63 percent, the Hang Seng down 0.50 percent, Taiwan down 1.89 percent, and the Kospi down 43 percent.
