Sensex closes 129 points down; metal, power stocks slump
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,449.93 points, closed at 17,391.98 points, down 0.74 percent or 129.14 points.
The wider 50-scrip S&P CNX Nifty of the National Stock Exchange closed 0.79 percent lower at 5,275.15 points.
The rupee too slipped below 56 against the dollar Monday, the lowest level in more than a week, tracing similar weakness in other Asian currencies on renewed concerns over the global economic growth.
Brokers said investors remain worried about global economic growth after sluggish US jobs data.
Mumbai Police rejected Chennai Super Kings (CSK) boss Gurunath Meiyappan's plea to give him time till May 27 to appear before its crime branch for questioning with regard to his role in betting and spot fixing in the current edition of the IPL.
Date 23-05-13, Duration 1:44, Views 79