Mumbai: The Sensex tumbled 124 points on Wednesday and the Nifty slipped below the 9,500-mark with no let-up in selling by investors ahead of June derivatives expiry and weak global cues. Falling for the third straight session, the 30-share Sensex ended lower by 123.93 points, or 0.40%, at 30,834.32 after shuttling between 31,000.48 and 30,798.70 points. The barometer had lost 332.49 points in the previous two sessions on lacklustre global cues and jitters ahead of GST rollout. Shares of SBI, Axis Bank, Kotak Bank, HDFC Bank, Punjab National Bank, Syndicate bank, Andhra Bank, Bank of Baroda, Allahabad Bank, Union Bank of India and Bank of Maharashtra, fell by up to 1.07%. Overseas, other Asian markets turned negative as Republicans’ struggle to push through controversial health care legislation sparked concerns about the chances of Donald Trump passing his much-vaunted economic agenda.

Source: Mint June 28, 2017 04:15 UTC