Sensex tanks nearly 700 pts in early trade; Nifty dips below 17,600
The Hindu
Bajaj Finserv was the top loser in the Sensex pack, shedding 2.59%, followed by Infosys, Dr. Reddy’s, Tech Mahindra, Sun Pharma, Wipro and IndusInd Bank
Equity benchmark Sensex slumped nearly 700 points in opening trade on January 21, tracking intense selling pressure across the counters amid a negative trend in global markets and sustained foreign fund outflow.
The BSE gauge was trading 690.51 points or 1.16% lower at 58,774.11 in early trade. Likewise, the Nifty fell 194.10 points or 1.09% to 17,562.90.
Bajaj Finserv was the top loser in the Sensex pack, shedding 2.59%, followed by Infosys, Dr. Reddy’s, Tech Mahindra, Sun Pharma, Wipro and IndusInd Bank.
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