Sensex skids for third day to close below 60K

Mumbai, January 20

BSE benchmark Sensex spiralled lower for the third consecutive session on Thursday to finish below the 60,000-level, weighed by hectic selling in IT, energy and finance stocks amid a selloff in European equities.

A depreciating rupee and continued selling by foreign investors also affected the market sentiment, traders said.

The 30-share BSE index ended 634.20 points lower at 59,464.62. Similarly, the NSE Nifty plunged 181.40 points to 17,757.

Bajaj Finserv was the top laggard in the Sensex pack, shedding 4.57%, followed by Infosys, TCS, Sun Pharma, HUL, HCL Tech, Dr Reddy’s, HDFC and Reliance Industries. —