Mumbai, Feb 17 (PTI) Sustained selling pulled down the the BSE benchmark Sensex below 9,000 level mark during the day today before settling the day lower by 270 points but slightly above this psychologically important level.
Brokers said investors have not come out of disappointing interim budget which contained no proposal for doling out sops to the industry. Besides, consistent sluggish global cues added to the selling pressure.
The BSE barometer remained in negative terrain throughout the day and touched a low of 8,994.34 points before ending the day at 9,035.00, a steep fall of another 270.45 points or 2.91 per cent from its previous close.
The last time the Sensex fell below the 9,000 level was during intra-day trade on January 27, while it closed below this mark on January 23.
The bellwether index nosedived by 329 points yesterday.In two days of consistent losses, it has lost massive 600 points.
The broad-based Nifty of the National Stock Exchange also dipped by 78.00 points or 2.74 per cent to 2,770.50.
Realty, banking and metal counters continued to bore the the brunt of selling. IT stocks also came under pressure.
Tata Steel at 6.74 per cent was the biggest loser among the elite club. Banking major ICICI Bank was the next worst loser at 5.69 per cent. Realty major DLF lost 5.19 per cent. PTI
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