Sensex tanks over 1,400 points to amid global market rout
The Hindu
Nifty tanked 430.90 points to end at 15,809.40.
Equity benchmarks fell sharply on Thursday, mirroring a sell-off in global markets, with the Sensex and Nifty tumbling over 2.60% on across-the-board selling.
Persistent foreign fund outflows also continue to dampen sentiment.
The 30-share BSE benchmark Sensex dived 1,416.30 points or 2.61% to settle at 52,792.23. During the day, it tumbled 1,539.02 points or 2.83% to 52,669.51.
The broader NSE Nifty tanked 430.90 points or 2.65% to end at 15,809.40.
From the Sensex firms, HCL Technologies, Wipro, Infosys, TCS, Tech Mahindra, Tata Steel, IndusInd Bank and Kotak Mahindra Bank were the major laggards.
ITC and Dr. Reddy's emerged as the gainers.
Barring Shanghai, other Asian markets ended lower, with Seoul, Hong Kong and Tokyo settling in the red.
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