Home Banking Major crash: Sensex down by 599.64 points, Nifty at 11,729.60

Major crash: Sensex down by 599.64 points, Nifty at 11,729.60

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Mumbai

The 30-share BSE index tanked 600 points or 1.48 per cent to close at 39,922; while the broader NSE Nifty settled 160 points or 1.34 per cent lower to 11,730.

Major laggards in the sensex pack included HDFC, IndusInd Bank, ICICI Bank, Tech Mahindra, Bajaj Finance and Ultra Cemco with their stocks sliding as much as 3.98 per cent.

On the NSE platform, all the sub-indices finished in red with Nifty Bank, Private Bank and Financial Services slipping as much as 2.31 per cent.

Investor sentiment also turned weak ahead of the futures and options (F&O) expiry.

Broader Asian shares were weaker on worries over surging coronavirus infections in the United States and Europe, which have prompted some European governments to impose new restrictions.

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