Sensex extends losses for 4th straight day
Friday, 5 June 2015
The benchmark BSE Sensex stretched its losses for the fourth straight day on Friday, falling over 84 points in early trade on sustained selling by participants, triggered by weak domestic as well as global cues. The 30-share index declined 84.16 points, or 0.31 per cent, to 26,729.26. The gauge had lost 1,035.57 points. ZSimilarly, the NSE Nifty slipped 28.95 points, or 0.35 per cent, to 8,101.70. Major losers that dragged down the indices were realty, FMCG, banking, auto, IT, consumer durables and power sector stocks. Nestle India continued its slide and was trading down 3.28 per cent at Rs 5,813.60 after the company last night decided to take Maggi off the shelves following a controversy over its contents, prompting several states to ban the 'two-minute' noodles, according to PTI.