Sensex finished in red

MUMBAI: After enjoying green in the early trade on Monday, the Bombay Stock Exchange benchmark Sensex finished in red. At the end of the closing, the index was down by 252 points at 14,269.77 points. It was lower than Friday's close. Similarly, the S&P CNX Nifty of the National Stock Exchange (NSE) ened the day 2.11% down at 4,222.7 points. Broader market indices too lost with the BSE midcap index falling 0.8%, while the BSE smallcap
index moved down 0.49%.


Earlier in the day, the BSE slipped by 133.55 points at 14,390.34, at 3.15 pm. In the same way, Nifty dipped 61.15 points at 4252.45. Profit booking made the market to plunge in negative terrain. Earlier in the opening trade, the Sensex gained nearly 108.37 points with stocks of oil and gas, and power sectors reacting to profit-taking by funds and retail investors. Whereas Nifty slipped 56.80 points at 4,256.80 at the same time. Stock brokers said emergence of profit-taking at improved levels and weak opening at the European stock markets mainly reversed an early firming trends on the domestic bourses.