 From the Sensex basket, Infosys, IndusInd Bank, Bajaj Finserv, Wipro, HCL Technologies, Bajaj Finance, Tech Mahindra, Tata Consultancy Services, and Larsen & Toubro had been the key laggards. File.
| Photo Credit: PTI
Equity benchmark indices Sensex and Nifty continued to slump on April 16 dragged down by heavy promoting in IT shares amid weak world developments and fears of escalating tensions in the Middle East.
Outflow of overseas fund additionally dented buyers’ sentiment.
Continuing its downtrend for the third day operating, the 30-share BSE Sensex tanked 456.10 factors or 0.62% to settle at 72,943.68. During the day, it slumped 714.75 factors or 0.97% to 72,685.03.
The NSE Nifty declined 124.60 factors or 0.56% to complete at 22,147.90.
From the Sensex basket, Infosys, IndusInd Bank, Bajaj Finserv, Wipro, HCL Technologies, Bajaj Finance, Tech Mahindra, Tata Consultancy Services, and Larsen & Toubro had been the key laggards.
Titan Company, Hindustan Unilever, HDFC Bank, Maruti, ITC, Power Grid and Reliance Industries had been the gainers.
In Asian markets, Seoul, Tokyo, Shanghai, and Hong Kong settled decrease.
European markets had been quoting in the purple. Wall Street ended in adverse territory on Monday.
Israel’s navy chief mentioned on Monday that his nation will reply to Iran’s weekend assault, however he didn’t elaborate on when and the way as world leaders urged towards retaliation, attempting to keep away from a spiral of violence in the Middle East.
Global oil benchmark Brent crude dipped 0.26% to $89.87 a barrel.
Foreign Institutional Investors (FIIs) offloaded equities price ₹3,268 crore on Monday, in keeping with change information.
The BSE benchmark tanked 845.12 factors or 1.14% to settle at 73,399.78 on Monday. The NSE Nifty declined 246.90 factors or 1.10% to complete at 22,272.50.