For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Markets Live To Fall Another Day; Sensex Cracks 350 Points

|

The Sensex fell once again in trade on Friday, despite better than expected global cues, thanks to a falling rupee, which hit the 72 mark for the first time in 2019.

 

In two trading sessions on Thursday and Friday, the Sensex has cracked a staggering 1,000 points, with Friday seeing cuts of nearly 350 points. The Sensex was last seen trading near the 36,120 points, a crask of nearly 350 points over Thursday's close.

Investors dumped stocks, following fading hopes of a fresh stimulus package from the government. The only stock that was seeing gains in trade today was Yes Bank, which was up a staggering 5 per cent in trade, despite the dismal market conditions.

Markets Live To Fall Another Day; Sensex Cracks 350 Points

Several stocks plunged to their 52-week lows including the likes of L&T Finance Holdings, Vedanta etc. Bajaj Finance, ICICI Bank, IndusInd Bank and Maruti were the top losers in trade.

Meanwhile, Asian markets were trading flat to negative. The rupee plunged to a new 2019 low of Rs 72.03 against the US dollar.

Read more about: sensex nifty
Story first published: Friday, August 23, 2019, 9:54 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X