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Sensex Sensex

Sensex Loses Over 100 Points, Nifty Below 10,850; ICICI Bank, SBI Down 1% Each

Jun 14, 2018

The S&P BSE Sensex, on Thursday, was at 35,622.11, down 117.05 points or 0.33 per cent while the broader Nifty50 was at 10,822.70, 

with a loss of 34 points or 0.31 per cent, after the US Federal Reserve raised interest rates and took a more hawkish tone in forecasting a slightly faster pace of tightening. In global markets, MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.5 per cent.

 South Korea's KOSPI was off 1.2 per cent, while Hong Kong's Hang Seng dipped 0.2 per cent. Japan's Nikkei shed 0.4 per cent.

 On Wednesday, foreign portfolio investors net sold equities worth Rs. 70.77 crore while domestic institutional investors net purchased shares worth Rs. 486.78 crore, according to provisional data from the National Stock Exchange (NSE).

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