RS fluctuation measures taken by the RBI to pause markets were disappointed. Liquidity in the system is less likely because of the bank stocks posted losses, pressure on the market.
The nifty closed under pressure below 6000 and Sensex down below 234 points after RBI announcements market decline with bank index fully decline.
The Sensex index closed down 234.83 points or 1.16% at 20090.68, it was touched high levels 20252.70 and touched low levels 19994.25.
The Nifty index ended fall 87.30 points or 1.44% at 5990.50, it was touched high levels 6047.25 and touched low levels 5962.60.
The bank nifty index falls 519.55 points or 4.62% at 10720.15, it was touched high levels 11018.05 and touched low levels 10661.30.
Bank Nifty top losers Axis bank 6.55%, Bank of baroda 4.48%, Bank of India 8.65%, Canara bank 8.39%, Induslnd bank 8.46%, yes bank 12.63%, Federal bank 7.86%.
Today BSE Market gainers and losers:-
Gainers:- idea Cellular, McLeod Russel, Oracle finance, Dabur India, Bharti Airtel ,Tech mahindra, TTK prestige, Wipro Ltd, TCS, Sun Pharma.
Losers:- Wockhardt Ltd, Yes bank, Bank of India, Induslnd bank, IDFCL, Canara bank, Federal bank, Sun Tv, M&M, Oriental bank, Axis bank, Dena bank.