Sensex slips 299 points after hitting 40,000 mark as PM Modi wins election

Hindustan Times | May 23, 2019 at 4:24 PM
  • The benchmark BSE Sensex erased early gains to end 299 points lower Thursday as investors booked profits after stocks soared to record highs after BJP’s strong showing in the Lok Sabha polls.
  • Weak cues from other global markets and a depreciating rupee also weighed on investor sentiment.
  • Brent crude, the global oil benchmark, was trading 1.79 per cent lower at USD 69.72 per barrel.