Bihar hits BSE, Sensex down

sensex-decline1The defeat of ruling party in the Bihar elections had its bad impact on the stock markets as they suffered losses with the expectations of investors going in reverse directions. Sensex lost 400 points at one
stage but it somehow recovered and brought down the losses to 143 points and closed at 26,121 points. Nifti also suffered losses of 39
points and closed at losing 7,915 points. Rupee exchange value also went down further against dollar by .66 rupee. Shares of Tata Motors in national stock exchange shot up gaining by 4 percent and closed at Rs 412. Shares of Bank of Baroda, Maruti Suzuki, Asian Paints, Punjab National Bank gained. Sun Pharma shares also lost by 5.40 percent and closed at Rs 760. Further shares of Bail, Cairn India, Dr Reddys, Idea also suffered losses.

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