Market in bear grip: Sensex nosedives 1,170 points; RIL tumbles over 4%
Zee News
The 30-share BSE index ended 1,170.12 points or 1.96 per cent lower at 58,465.89. Similarly, the NSE Nifty fell 348.25 points or 1.96 per cent to 17,416.55.
Mumbai: Equity benchmark Sensex plummeted 1,170 points on Monday, dragged by losses in Reliance Industries, Bajaj Finance and Kotak Bank.
The 30-share BSE index ended 1,170.12 points or 1.96 per cent lower at 58,465.89. Similarly, the NSE Nifty fell 348.25 points or 1.96 per cent to 17,416.55.
Among top losers, Reliance Industries (RIL) sank over 4 per cent, after the company shelved a proposed deal to sell a 20 per cent stake in its oil refinery and petrochemical business to Saudi Aramco for an asking of USD 15 billion.
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