Sensex drops 300 points,Nifty under 10,350,drop in PSU banks
Feb. 19, 2018
BSE Sensex slipped below 34,000 - mark by falling over 300 points on Feb,19,2018,weak domestic sentiment. Sensex dropped 1% at 12.45 pm to trade lower by 340.91 basis points at 33,669.85.The broader NSE Nifty 50 was trading well below the 10,400-mark, plunging 1.95% to 10,340.20. The decline was due to increased selling in bluechips led by Tata Steel (5%) ,SBI (3.39%),Larsen & Toubro (2.74%),IndusInd Bank (1.98%), PNB & Allahabad Bank(11%).