The 30-share BSE Sensex slumped 900.91 factors or 1.41 per cent to settle beneath the 64,000 mark
Mumbai:
Sliding for the sixth straight session, fairness benchmark Sensex in the present day plunged about 900 factors to crash beneath the 64,000 stage resulting from an across-the-board selloff amid heightened rigidity within the Center East.
Moreover sluggish tendencies in international markets, deep losses in auto, monetary and power shares in addition to contemporary promoting by overseas traders added to the gloom, analysts stated.
The 30-share BSE Sensex slumped 900.91 factors or 1.41 per cent to settle beneath the 64,000 mark at 63,148.15. In the course of the day, it plummeted 956.08 factors or 1.49 per cent to 63,092.98.
The Nifty dived 264.90 factors or 1.39 per cent to 18,857.25.
Since October 17, the BSE benchmark has tumbled 3,279.94 factors or 4.93 per cent, whereas the Nifty fell 954.25 factors or 4.81 per cent.
Mahindra & Mahindra was the most important loser within the Sensex pack, falling 4.06 per cent, adopted by Bajaj Finserv, Asian Paints, Nestle, Bajaj Finserv, JSW Metal, Titan, HDFC Financial institution, Tech Mahindra, Tata Motors and Larsen & Toubro.
In distinction, Axis Financial institution, ITC, HCL Applied sciences, NTPC and IndusInd Financial institution had been the gainers.
In Asian markets, Seoul, Tokyo and Hong Kong settled decrease, whereas Shanghai ended within the inexperienced.
European markets had been buying and selling with important losses. The US markets resulted in damaging territory on Wednesday.
International oil benchmark Brent crude declined 0.65 per cent to USD 89.54 a barrel.
Overseas Institutional Buyers (FIIs) offloaded equities value Rs 4,236.60 crore on Wednesday, based on alternate information.
The BSE benchmark tanked 522.82 factors or 0.81 per cent to settle at 64,049.06 on Wednesday. The Nifty fell 159.60 factors or 0.83 per cent to 19,122.15.
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