Indian Market: Sensex crashes 930 points
Registering an all-time high in the opening session on Wednesday, it was tanked 930.88 pts to close at 70,506.31 as heavy selling was seen across the board despite the positive global market.
The National Stock Exchange (NSE) fell 302.95 pts at 21,150.15.
The NSE posted days high and low at 21,593.00 and 21,087.35 pts respectively.
The Sensex opened on an all time high at 71,647.66 pts, During the day it was reached 71,913.07, up 476 pts, days high Later, it was dropped 1135 pts, days low, before closing at 70,506.31, tumbling down 930.88 pts from its previous close.
The stocks include, Utilities, Power, Telecommunication services dragged the market.
The stocks like Utilities slid by 4.65 pc followed by Power by 4.33 pc, Telecommunication Services by 4.36 pc.
The Mid Cap fell by 3.12 pc and Small Cap rose by 3.42 pc.
All 30 scrips were declined.
The losers were HCL Technology by 3.44 pc to Rs 1437, SBI by 3.26 pc to Rs 634.20, Tech Mahindra by 3.16 pc to Rs 1241, Tata Motors by 3.13 pc to Rs 706.40 and Powergrid by 2.91 pc to Rs 227.10.
(With UNI inputs)
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles
CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.
JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.
LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).
De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News
Hindu man stabbed and set ablaze in Bangladesh survives by jumping into pond; fourth attack in two weeks
Swiss police rule out terror as deadly fire ravages New Year party at Alps bar
‘Shah Rukh Khan a traitor’: BJP leader slams KKR owner over Bangladeshi player signing
Dakota Johnson sparks dating buzz after cozy dinner with singer Role Model
