3.39 PM: Closing Bell: Sensex ends below 51K, Nifty below 15,000; PSU banks worst hit

Market Close: Benchmark indices ended lower for the fourth consecutive day on February 19 with Nifty breaching 15,000 level on the back selling seen across the sectors.

At close, the Sensex was down 434.93 points or 0.85% at 50,889.76, and the Nifty was down 137.20 points or 0.91% at 14,981.80. About 1175 shares have advanced, 1727 shares declined, and 170 shares are unchanged.

ONGC, Hero MotoCorp, Tata Steel, SBI and Tata Motors were among the major losers on the Nifty, while the gainers were UPL, IndusInd Bank, Dr Reddy’s Labs, GAIL and HUL.

All sectoral indices ended in the red with the PSU bank index down 4.7 percent, while the auto, bank, infra, metal and pharma indices shed 1-2 percent. BSE Midcap and smallcap indices ended in the red.

News Source:- Moneycontrol

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