1/6
The BSE Sensex slid over 550 points in late
trades on Monday as investors are cautious on quarterly earnings with most of
the analysts estimating a slid in the earnings of Sensex stocks for the second
consecutive quarter.
In This Pic : Sensex closes 556 pts down on foreign outflows
Pic Courtesy : BCCL
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2/6
After dipping to near the 27,800 level at 3pm,
Sensex finally plunged 556 points to end at 27,886.
In This Pic : Sensex closes 556 pts down on foreign outflows
Pic Courtesy : BCCL
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3/6
Nifty tanked 157.90 points to close at 8,448.10.
In This Pic : Sensex closes 556 pts down on foreign outflows
Pic Courtesy : BCCL
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4/6
There was across-the-board selling in late
trades with software stocks leading the fall. Sector leaders TCS and Infosys
were down for the fourth consecutive session after TCS last week reported a
marginal drop in earnings over the previous quarter. Both companies stocks were
down about 2% each.
In This Pic : Sensex closes 556 pts down on foreign outflows
Pic Courtesy : BCCL
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5/6
Among the other stocks, Reliance was down 5% at
Rs 881 and Hero MotoCorp was down 4.3% at Rs 2,305.
In This Pic : Sensex closes 556 pts down on foreign outflows
Pic Courtesy : BCCL
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