Sensex plunges 486 points amid global selloff
The Hindu
Tata Steel was the top loser in the Sensex pack, skidding 2.30%, followed by Sun Pharma, SBI, ICICI Bank, Dr Reddy’s, Kotak Bank and HUL
Equity benchmark Sensex slumped 486 points on Thursday, largely in tandem with a global selloff as rising cases of the COVID-19 Delta variant in multiple countries and hawkish comments from the U.S. Federal Reserve spooked investors. The 30-share BSE index ended 485.82 points or 0.92% lower at 52,568.94, while the broader NSE Nifty dropped 151.75 points or 0.96 % to 15,727.90. Tata Steel was the top loser in the Sensex pack, skidding 2.30%, followed by Sun Pharma, SBI, ICICI Bank, Dr Reddy’s, Kotak Bank and HUL.
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