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Sensex ends 310 points lower; highest single-day loss since Brexit

Bank shares were the top losers along with index heavyweight RIL

Tulemino Antao  |  Mumbai 

Benchmark share indices registered their highest single-day loss in percentage terms since June 24, the day of the Brexit verdict, on profit booking after sharp gains recently outpaced valuations. The S&P BSE Sensex ended down 310 points or 1.1% at 27,775 and the Nifty50 dropped 103 points or 1.2% at 8,575.

On June 24, 2016 post the Brexit vote the S&P BSE Sensex had lost 2.2% or 605 points while the Nifty50 index plunged 2.2% or 182 points. The BSE Midcap and Smallcap indices ended down 1.2% each. Market breadth was weak with 1899 declines and 829 advances on the BSE. "The market ...

First Published: Wed, August 10 2016. 15:47 IST