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Sensex tanks 321 pts, Nifty ends below 7050 levels

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Mumbai : The market on Wednesday dragged for second consecutive session ahead of Railway Budget and F&O expiry. The Sensex fell 321.25 points or 1.37 percent to 23088.93.

The Nifty dropped 90.85 points or 1.28 percent to 7018.70. More than two shares declined for every share advancing on the Bombay Stock Exchange.

BHEL, NTPC, Tata Motors, Hindalco Industries, HDFC and Vedanta topped selling list on Nifty.

Among the gainers were BPCL, Power Grid, Bank of Baroda, Yes Bank and others.

NTPC slipped for third consecutive session, down nearly 3 percent on last day of offer for sale through which the government will sell its 5 percent stake in company to garner around Rs 5,000 crore. (ANI)

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