Sensex Tumbles After Wall Street Rout

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Benchmark indices tumbled in trade, as US markets saw huge selling pressure with all the indices there ending deep in the red.

    Asian markets followed weak closings in the US and were down 2-3.6 per cent. The Japanese Nikkei, the Hong Kong's Hang and the Shanghai Composite were all seeings cuts steep cuts.

    The Sensex was down a huge 452 points in trade, while the Nifty lost 135 points in trade,below the 10,100 points mark. Leading the set of losers were Bharti Airtel (down  per cent), Adani Ports (down 3 per cent) and ICICI Bank (down 3 per cent). Wipro was flat, following numbers that lagged estimates. 27 out of the 30 stocks comprising the BSE index were down in trade.

     

    Shares in Yes Bank were also trading lower, ahead of numbers to be declared later today. NBFCs once again were having a disastrous day with L&T Finance Holdings down 7 per cent, IndiaBulls Housing down 7 per cent and DHFL down 8 per cent.

    Interglobe Aviation, which also reported a loss gained, following a sharp drop in crude prices. IndiaBulls Real Estate, another company that reported results, saw its share price fall by 2 per cent. The company reported a decent increase in net profits and managed to reduce its finance costs.

    Sensex Tumbles After Wall Street Rout

    Meanwhile, the rupee opened at 73.36 to the dollar, lower than Wednesday's close of 73.15.

    Read more about: sensex nifty
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more