Sensex dives over 900 points, Nifty below 16,400 as markets go into tailspin in early trade
May 06, 2022 10:13 ISTThe 30-share BSE benchmark dived 980.45 points to 54,721.78 in early trade. The NSE Nifty also declined 300.15 points to 16,382.50.
The 30-share BSE benchmark dived 980.45 points to 54,721.78 in early trade. The NSE Nifty also declined 300.15 points to 16,382.50.
The 30-share index slumped 1,028.61 points or 1.80 per cent to 55,983.13 in the opening trade. Similarly, the Nifty tanked 307.50 points or 1.81 per cent to 16,677.70.
The 30-share index slumped 356.6 points or 0.61 per cent to 57,926.82 in the opening trade. Similarly, the Nifty fell 98.35 points or 0.57 per cent to 17,269.90.
The 30-share index surged 375.30 points or 0.64 per cent to 59,161.97 in opening trade. Similarly, the Nifty rose 94.75 points or 0.54 per cent to 17,606.05.
At the interbank foreign exchange, the rupee opened weak at 75.06 and lost further ground to quote 75.07 against the American dollar.
The 30-share index was trading 515.05 points or 0.90 per cent higher at 57,579.92 in initial deals. Similarly, the Nifty rose 185.15 points or 1.09 per cent to 17,168.35.
In the previous session, Sensex ended 454.10 points or 0.78 per cent higher at 58,795.09, and Nifty surged 121.20 points or 0.70 per cent to close at 17,536.25.
The BSE Sensex was trading higher by 187.89 points or 0.32 per cent at 58,852.22 in early trade, while the NSE Nifty rose 59.85 points or 0.34 per cent to 17,563.20.
In the previous session, Sensex ended 1,170.12 points or 1.96 per cent lower at 58,465.89, and Nifty fell 348.25 points or 1.96 per cent to 17,416.55.
Reliance Industries (RIL) was the top loser in the Sensex pack, shedding around 4 per cent after the company shelved a proposed deal in its oil refinery and petrochemical business to Saudi Aramco for USD 15 billion.
M&M was the top loser in the Sensex pack, shedding over 1 per cent, followed by HCL Tech, Tech Mahindra, Dr Reddy’s, Maruti, Bajaj Auto and TCS.
The 30-share index was trading 245.5 points or 0.41 per cent lower at 60,076.87 in initial deals. Similarly, the Nifty fell 72.40 points or 0.40 per cent to 17,926.80.
The 30-share index was trading 122.35 points or 0.20 per cent lower at 60,596.36 in initial deals. Similarly, the Nifty fell 45.45 points or 0.25 per cent to 18,064.
The 30-share index was trading 315.89 points or 0.52 per cent higher at 61,002.58 in initial deals. Similarly, the Nifty rose 90.30 points or 0.50 per cent to 18,193.05.
Tech Mahindra was the top gainer in the Sensex pack, rising over 2 per cent, followed by Infosys, Tata Steel, Sun Pharma and Nestle India. On the other hand, Bajaj Auto and NTPC were among the laggards.
Tech Mahindra was the top loser in the Sensex pack, shedding around 2 per cent, followed by HDFC, SBI, Nestle India, Axis Bank, HCL Tech and ICICI Bank.
Tata Steel was the top loser in Sensex pack, shedding around 2 pc, followed by HDFC, ICICI Bank, Kotak Bank, HUL and Asian Paints.
Tech Mahindra was the top gainer in the Sensex pack, rising around 2 per cent, followed by L&T, NTPC, Bajaj Finance, SBI and UltraTech Cement.
In the previous session, Sensex had plunged 677.77 points or 1.13 per cent to end at 59,306.93, and Nifty fell 185.60 points or 1.04 per cent to 17,671.65.
Foreign institutional investors (FIIs) were net sellers in the capital market, as they offloaded shares worth Rs 3,818.51 crore on Thursday, as per exchange data.
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