Sensex plunges 463 pts on Fed's hawkish tone; Nifty below 11,000

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Equity benchmark BSE Sensex tumbled 463 points while the NSE Nifty closed below the key 11,000-mark on Thursday amid heavy selling in metal, banking and tech stocks. Lacklustre economic data, unabated foreign fund outflows and disappointing quarterly earnings also dented market sentiment, traders said. After a weak opening, the 30-share BSE Sensex plunged more than 750 points in late-afternoon trade, before finally ending at 37,018.32, down by 462.80 points or 1.23 per cent. Similarly, the broader NSE Nifty dropped 138 points or 1.24 per cent to end at 10,980.00.

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Watch Sensex plunges 463 pts on Fed's hawkish tone; Nifty below 11,000 With HD Quality.

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    Sensex plunges 463 pts on Fed's hawkish tone; Nifty below 11,000

    Equity benchmark BSE Sensex tumbled 463 points while the NSE Nifty closed below the key 11,000-mark on Thursday amid heavy selling in metal, banking and tech stocks. Lacklustre economic data, unabated foreign fund outflows and disappointing quarterly earnings also dented market sentiment, traders said. After a weak opening, the 30-share BSE Sensex plunged more than 750 points in late-afternoon trade, before finally ending at 37,018.32, down by 462.80 points or 1.23 per cent. Similarly, the broader NSE Nifty dropped 138 points or 1.24 per cent to end at 10,980.00.

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