Home Banking Major crash!! Sensex down by 1,170.12 points and Nifty at 17,416.55

Major crash!! Sensex down by 1,170.12 points and Nifty at 17,416.55

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(G.N.S) Dt. 22


Mumbai


On the first day of the week, November 12, The market closed with a major drop. The 30-share BSE index drops down by 1,170.12 points or 1.96 per cent to close at 58,466; while the broader NSE Nifty settled 348 points or 1.96 per cent lower at 17,416.55

About 842 shares have advanced, 2479 shares declined and 157 shares are unchanged.


All the sectoral indices ended in the red with realty, healthcare, auto, oil & gas, and the PSU bank indices down 2-4 percent. BSE midcap and smallcap are down 2-3 percent.


Bajaj Finance, Bajaj Finserv, ONGC, Tata Motors and Reliance Industries were among major losers on the Nifty, while gainers included Bharti Airtel, Asian Paints, JSW Steel, Power Grid and Hindalco Industries.


The Indian rupee depreciated by 12 paise to end at 74.42 (provisional) against the US dollar on Monday, as massive sell-offs in domestic equities and a strong greenback in the overseas market weighed on investor sentiments.

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