Sensex closes 118 points down

Mumbai, May 7:

The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) on Thursday closed 118.26 points, or 0.44 percent, down as the mood continued to remain negative over factors like retrospective taxation and delay in land acquisition bill.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed 39.70 points or 0.49 percent down at 8,057.30 points, as per provisional figures.

The 30-scrip Sensex, which opened at 26,721.34 points, closed at 26,599.11 points (provisional) — down 118.26 points, or 0.44 percent, over the previous day’s close at 26,717.37 points.

The Sensex touched a high of 26,850.37 points and a low of 26,423.99 points during the day. (IANS)