Business

Markets Crash! Sensex And Nifty Dip Over 1 Percent

The equity benchmark indices Sensex and Nifty concluded lower on Friday as investors sought to book profits owing to negative global market trends.

The 30-share BSE Sensex dipped 738.81 points, or 0.90 percent to 80,604.65. The Nifty sank 269.95 points, or 1.08 percent to 24,530.90.

Samvardhana Motherson, Tata Steel, Havells India, BPCL, JSW Steel, Jindal Steel & Power, HAL, Hindalco, GAIL (India), ONGC, Siemens, Torrent Pharma, Tata Motors-DVR, Tata Power, and ABB India were the top laggards.

Among the gainers were Infosys, ITC, Berger Paints, LIC, Asian Paints, JIO Financial Serv., LTIMindtree, IRFC, Britannia Industries,  and Bajaj Holdings.

In Asian markets, Malaysia, and Shanghai closed in positive territory, while Tokyo, Thailand, Taiwan, South Korea, Hong Kong, Indonesia, and Singapore ended in negative territory.

US markets closed lower on Thursday.

European stocks were trading in negative territory.

Brent crude lost 0.41 percent to USD 84.76 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) bought equities worth Rs 5,483.63 crore on Thursday.

On Thursday, the Sensex climbed 626.91, or 0.78 percent to 81.343.46, while the Nifty advanced 187.85 points, or 0.76 percent to 24,800.85.

Also read: US Highlights Expanding Connections With India; Seeks Backing For Ukraine

Spriha Rai

Recent Posts

Tulsi Tea May Help Regulate Blood Sugar & Enhance Immunity

Tulsi tea, brewed from the leaves of the holy basil plant, has been celebrated in…

1 hour ago

PM Modi Celebrates Uttarakhand’s 25th Foundation Day; Highlights State’s Remarkable Progress

PM Modi celebrated Uttarakhand’s 25th Foundation Day, highlighting its progress and launching projects worth over…

2 hours ago

Massive Wildfire Engulfs New Zealand’s Tongariro National Park; 1,600 Hectares Affected

New Zealand’s Tongariro National Park is battling a massive wildfire that has spread across 1,600…

2 hours ago

PM Modi Highlights Northeast As India’s ‘Forward Face’ Of Growth & Connectivity

Prime Minister Narendra Modi said the Northeast has transformed from India’s frontier into its forward…

3 hours ago

Mukesh Ambani Visits Nathdwara; Announces Pilgrim & Senior Citizen Service Centre

Mukesh Ambani announced the establishment of 'Yatri Evam Varishth Seva Sadan' in Nathdwara after attending…

3 hours ago

India Poised To Drive Global Economic Growth: Kotak Mahindra AMC’s Nilesh Shah

Kotak Mahindra AMC Managing Director Nilesh Shah said India contributes 8–10% of global growth and…

3 hours ago