According to the provisional data, FPI sold shares worth Rs 2,345.77 crore
The Sensex slumped 1.22 per cent to close the day at 25,714.66 while the Nifty ended the day at 7,791.85, losing 88.85 points or 1.13 per cent.
Mumbai: The Indian equity markets failed to maintain their winning momentum and lost over one per cent on Wednesday amidst weakness in global equities as investors continued to shy away from riskier assets on concerns that the latest measures taken by China may not be sufficient enough to lift its economy from one of its worst slowdown.
The Sensex slumped 1.22 per cent to close the day at 25,714.66 while the Nifty ended the day at 7,791.85, losing 88.85 points or 1.13 per cent. Most of the European equity markets opened the day lower and traded in the red. The Asian markets however witnessed a mixed trend with Nikkei 225 and Kospi edging higher while the Hang Seng, Shanghai Composite and Straits Times ended the day lower.
According to the provisional data, FPI sold shares worth Rs 2,345.77 crore. The broader market also remained weak with 1,368 stocks traded on the BSE ending the day lower.
( Source : deccan chronicle )
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