Home Banking Market crash; Sensex down by 1,114.82 points and Nifty at 10,805.55

Market crash; Sensex down by 1,114.82 points and Nifty at 10,805.55

1093
0
SHARE

(G.N.S) Dt. 24

Mumbau


The Benchmark BSE sensex falling over 1,100 points dragged by metal, IT and banking stocks as fears of fresh pandemic restrictions kept domestic investors jittery amid a heavy global selloff in stocks.

The 30-share BSE index was finished 1,115 points or 2.96 per cent lower at 36,554; while the broader NSE Nifty settled 326 points or 2.93 per cent at 10,806.

A massive global selloff in the equity market eroded Rs 3.95 lakh crore from investors’ wealth in a single trading session on Thursday.

IndusInd Bank, Bajaj Finance, Tech Mahindra, TCS, and M&M led the losses. Broader markets also ended the day in the red with the Nifty Midcap and Nifty Smallcap indcies down 2.5 percent each.

LEAVE A REPLY

Please enter your comment!
Please enter your name here