Sensex tumbles 106 pts at 11k

MUMBAI: The Sensex tumbled on Thursday in the early trade. The Bombay Stock Exchange benchmark Sensex dipped, recovered and than slipped down 106 points at 11,913. In the same way, the wide-based National Stock Exchange index Nifty declined by 97.65 points to 3,537.60 points. It was the reflection of selling by funds amid uncertainty over the result of the Lok Sabha polls.

Tata Motors and Bharti Airtel have dipped 3% each to Rs 260 and Rs 773, respectively. ICICI Bank has declined over 2.5% to Rs 535. Sterlite and wipro were fell over 1.5% each to Rs 465 and Rs 369, respectively. DLF and Mahindra & Mahindra have advanced 2% each to Rs 238 and Rs 521, respectively. The market breadth is fairly negative. Out of 2,041 share traded, 1,112 have went down, 855 have advanced and 74 are unchanged.