Search

    Language Settings
    Select Website Language

    GDPR Compliance

    We use cookies to ensure you get the best experience on our website. By continuing to use our site, you accept our use of cookies, Privacy Policy, and Terms of Service.

    dailyadda
    dailyadda

    Stock Markets Crash As Sensex Falls Over 1,600 Points, Nifty Tests 22,800

    2 days ago

    2

    0

    👍 ❤️ 😂 😮 😢 😡

    The Indian benchmark indices crashed on Friday as the Sensex fell more than 1,690 points to settle at 73,583 and the Nifty declined more than 480 points to close at 22,819 at 3:30 PM.

    In the 30-share BSE Sensex, among the top gainers were stocks like TCS, Bharti Airtel and PowerGrid. Meanwhile, the laggards included stocks like Sun Pharmaceuticals, ITC, NTPC, Infosys and UltraCement.

    In the broader markets, the Nifty Microcap 250  fell 2.81 per cent as volatility remained high. Sectorally, Nifty PSU Bank fell 3.86 per cent.

    Previously, during the morning session, the BSE Sensex opened trading above 74,650, crashing more than 600 points, and the NSE Nifty50 rang the opening bell near 23,150, plungin close to 200 points around 9:15 AM.

    Weak Global Cues Weigh On Market Sentiment

    Broader weakness across Asian markets dragged investor sentiment, with equities extending losses in line with a global sell-off. Caution prevailed as geopolitical tensions in West Asia intensified, fuelling concerns over a prolonged energy shock.

    Asian equities remained under pressure on Friday. MSCI’s broadest index of Asia-Pacific shares outside Japan declined, while key benchmarks such as Japan’s Nikkei and South Korea’s KOSPI also traded lower.

    Previous Session Rally Offers Contrast

    The subdued outlook follows a strong rally in the previous trading session on Wednesday, when markets posted sharp gains.

    The Nifty rose 1.72 per cent, or 392.70 points, to close at 23,306.45, while the Sensex advanced 1,205 points, or 1.63 per cent, to settle at 75,273.45.

    Crude Easing Had Lifted Markets Earlier

    The earlier upmove was supported by easing crude oil prices and improving global cues, which had boosted investor sentiment.

     
     
    Click here to Read More
    • Share:
    Gold Prices Surge Ahead (March 27), Check 22K & 24K Rates Per Gram In Cities
    Previous Article
    Gold Prices Surge Ahead (March 27), Check 22K & 24K Rates Per Gram In Cities
    Next Article
    Which City Has Cheapest Fuel Today? Full Petrol, Diesel Price Breakdown
    Which City Has Cheapest Fuel Today? Full Petrol, Diesel Price Breakdown

    Related Business Updates:

    Are you sure? You want to delete this comment..! Remove Cancel

    Comments (0)

      Leave a comment

      Send