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.
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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Benchmark indicies opened lower on Tuesday following the drone attacks on key oil facilities in Saudi Arabia, the world's biggest oil exporter. The S&P BSE Sensex dipped 100 pts to 37,025. Axis Bank, HCL Tech, HDFC, ICICI Bank, and Tech Mahindra were the top loosers in the Sensex pack. The broader Nifty50 index breached the 11,000-mark and was hovering around 10,970 levels, down 30 points.
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Watch Sensex drops 100 pts on oil spike, Nifty slips below 11,000 With HD Quality
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Watch Sensex plunges 554 pts on growth concerns; Nifty below 11,850 With HD Quality
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Watch Sensex tumbles 587 pts, down for 3rd day; Nifty below 10,750; YES Bank plunges 12% With HD Quality
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On Thursday today, the Sensex and the Nifty slumped more than 3 per cent to their lowest since May 2014 and headed for a fourth consecutive session of losses after Fed chair Janet Yellen kept options open for more US rate hikes.
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Watch Sensex drops 336 points, Nifty below 12,050; Dish TV plunges 20% With HD Quality
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ITC, TCS, Axis Bank pull down Sensex by 248 pts, Nifty ends below 11,900; PCJ, YES Bank plunge up to 10%.
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