Early on D-Street | Stay cautious, create fresh short positions below 11,950
Episode 1974, Dec 04, 2019, 01:30 AM
S&P BSE Sensex fell 126 points to 40,675 while the Nifty50 closed 54 points lower at 11,994 on Tuesday.
Sectorally, the action was seen in Realty, IT, and Consumer Durables while on the losing front profit-taking was seen in sectors like metals, infrastructure, telecom, and power.
The broader market underperformed as the S&P BSE Mid-cap index fell 0.95 percent while the S&P BSE Small-cap index was down 0.74 percent.
Public sector banks disbursed a record Rs 4.91 lakh crore of loans during the festive month of October and November, the finance ministry said on December 3.
The government raised Rs 2,79,622 crore from the disinvesment of public sector undertakings (PSUs) during 2014-19 compared to Rs 1,07,833 crore during the 10-year UPA rule from 2004-14, Union minister Anurag Singh Thakur said on December 3.
The Indian rupee surrendered early gains to settle flat at 71.66 to the US dollar amid emergence of fresh worries over global trade war.