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Sensex closes 175 points down at 8202

     Mumbai: Downslide continues at the Indian stock market as the country's benchmark index tumbled by 175 points due to selling pressure at higher level. The Bombay Stock Exchange (BSE) Ltd, 30-share sensitive index (sensex) opened weak under the all round selling pressure and closed at 8202, against Thursday close of 8376.90, reporting a fall of 175 points over previous close. In the broader market National Stock Exchange (NSE) Nifty also closed 53 points, lower at 2484. Gujarat Ambuja, which shed over 6 per cent to end at Rs 68 was the biggest looser. Tata Sponge Iron also lost nearly 10 per cent to end the day at Rs 151.50 and Zenith Exports and Mysore Cements lost around seven per cent each. However, Sesa Goa (Rs 917) and J&K Bank (Rs 478) gained around 2 per cent each. Dr Reddy's Labs, NALCO, Tata Steel and Shree Cements also ended the day on a positive note.

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