Business

Sensex plunges over 450 points


Mumbai: Bears took charge of Dalal Street again after a two-day break as benchmark indices fell more than a percent each on January 27. The selling pressure across sectors, barring pharma, pulled the indices down.

The BSE Sensex was down 458.07 points, or 1.10 percent, at 41,155.12 and the Nifty50 fell 129.30 points, or 1.06 percent, to 12,119.00, but the broader markets outperformed benchmarks with Nifty Midcap index declining 0.4 percent and Smallcap index flat.

The market breadth was in favour of bears as about three shares declined for every two shares rising on the BSE.


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