Sensex tumbles over 300 points in volatile trade
Zee News
The 30-share BSE Sensex tanked 303.35 points or 0.56 per cent to settle at 53,749.26. During the day, the bechmark hit a low of 53,683.16 and a high of 54,379.59.
Mumbai: Benchmark indices wiped out early gains as volatility yet again ruled the markets, with the Sensex extending its decline to the third day running on Wednesday, falling over 300 points amid a sell-off in IT stocks.
The 30-share BSE Sensex tanked 303.35 points or 0.56 per cent to settle at 53,749.26. During the day, the bechmark hit a low of 53,683.16 and a high of 54,379.59.
The broader NSE Nifty declined 99.35 points or 0.62 per cent to end at 16,025.80.
From the Sensex pack, Asian Paints, TCS, Wipro, Tech Mahindra, Larsen & Toubro, Infosys, State Bank of India, HCL Technologies and M&M were among the biggest laggards.
In contrast, NTPC, Bharti Airtel, HDFC, Kotak Mahindra Bank, Nestle, ICICI Bank and ITC were the prominent gainers.