Sensex Lower, Nifty Struggles Below 9500

The Sensex fell over 154 points and the Nifty went below 9,500, in the beginning, today as the July derivative series took off on a negative note amid anxiety ahead of GST rollout. Capital outflow by foreign funds and weak global shares only added to concerns. Investors kept their fingers crossed ahead of the landmark tax reform Goods and Services Tax (GST), which is set for a mid-night launch today.

The 30-share Sensex tumbled 154.23 points, or 0.50 per cent, to 30,703.29. It had gained 23.20 points in the previous session though. Realty, capital goods, auto, banking, metal and consumer durable stocks dealt a blow, falling by up to 1.55 per cent. The 50-share Nifty hit 9,460.20, down 43.20 points, or 0.45 per cent. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774