Air Strike drops Sensex by 240 points

Mumbai, Feb26: As India celebrates the air strike in Balakot, the benchmark BSE Sensex was none too happy.

The Sensex ended 240 points lower as investor sentiment weakened after India carried out air strikes on a terrorist camp in Pakistan. Weak cues from global equities and selling pressure on financials and realty stocks too weighed on market mood here.


After cracking nearly 500 points, the 30-share Sensex pared some losses but ended 239.67 points, or 0.66 percent, lower at 35,973.71. It hit a low of 35,714.16 and a high of 36,172.52. The gauge surged 342 points in Monday's trade. The 50-share Nifty also fell 44.80 points, or 0.41 percent, to 10,835.30 after hovering between 10,729.30 and 10,888.75