Today in late morning trade, BSE Sensex fell below 27,000-mark and the NSE Nifty crossed 8,200-level sustained selling across the board. The market remained week for the past three sessions, reacting to subdued global trend on falling crude prices and weak Chinese manufacturing data.
With FII outflows along with jump in country’s trade deficit to one-and-half year high due to six-fold rise in gold imports renewed domestic economic concerns. Except IT and Tech which saw value buying, rest other sectors led by metal, realty, banking, consumer durables, FMCG, healthCare, oil & gas and auto along with MidCap and SmallCap shares witnessed hectic profit-booking. Foreign Portfolio Investors sold shares worth a net Rs 455.72 crore yesterday as per provisional data.
