Sensex, Nifty tumble nearly 1%; extend falling streak to fifth day
The Hindu
Market indices Sensex, Nifty plunge 1% amid Middle East tensions. Sensex tanked 522.82 points or 0.81% to 64,049.06. Nifty fell 159.60 points or 0.83% to 19,122.15
Benchmark equity indices Sensex and Nifty plunged nearly 1% on Wednesday, in continuation with the pessimistic trend amid the ongoing tensions in the Middle East.
Falling for the fifth day running, the 30-share BSE Sensex tanked 522.82 points or 0.81% to settle at 64,049.06. During the day, it dropped 659.72 points or 1.02% to 63,912.16.
The Nifty fell 159.60 points or 0.83% to 19,122.15.
Also Read | Market mayhem: investors’ wealth plunges ₹7.59 lakh crore on October 23
Among the Sensex firms, Infosys, Bharti Airtel, NTPC, Tata Motors, IndusInd Bank, Bajaj Finance, ICICI Bank, Tech Mahindra, Titan and Axis Bank were among the major laggards.
Tata Steel, State Bank of India, Mahindra & Mahindra, Maruti and Nestle were the gainers.
In Asian markets, Tokyo, Shanghai and Hong Kong settled in the positive territory while Seoul ended lower.