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Markets started the week on a disappointing note as they fell nearly three fourth of a percent on the back of weakness in Metal, Realty and Oil & Gas stocks. Sensex lost 118 points to close at 16983, while Nifty finished at 5066, down 42 points. Metal stocks slipped as the dollar index surged. Dollar index touched a 5 week-high of 76.18 and was trading at 75.95. European markets were trading around half a percent lower led by banking and commodity stocks. US stock indices futures too were down about 0.5%. |
BSE Metal index plunged 3.3%, becoming the top loser among the sectoral indces, followed by Realty index that lost 2.4%. Capital Goods and Teck indices gained 0.7% and 0.3% respectively. |
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