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Sensex tanks 700 factors, Nifty under 23,500


The 30-share BSE Sensex tanked 0.93 per cent or 728.69 factors to 77,288.50. The broader Nifty 50 index fell 181.80 factors or 0.77 per cent to 23,486.85

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The Indian monetary markets snapped their week-long profitable streak on Wednesday (March 26). The benchmark indices sank practically 1 per cent as bears mauled down latest positive factors.

The 30-share BSE Sensex tanked 0.93 per cent or 728.69 factors to 77,288.50.

From the Sensex pack, NTPC, Tech Mahindra, Zomato, Axis Bank, Bajaj Finance, Infosys, Maruti, State Bank of India, Kotak Mahindra Bank, Reliance Industries, Hindustan Unilever, and HDFC Bank have been the losers.

IndusInd Bank, HCL Tech, Titan, Mahindra & Mahindra and Power Grid have been the gainers.

The broader Nifty 50 index fell 181.80 factors or 0.77 per cent to 23,486.85.

IndusInd Bank, Trent, Hero Motocorp, Grasim Industries and Power Grid have been the highest gainers on this pack. The high laggards have been NTPC, Tech Mahindra, Cipla, Axis Bank, and Bajaj Finance.

All sectoral indices finish in pink, with solely capital items recording 0.50 p.c acquire.

All sectoral indices, aside from capital items, ended the day in pink.

More to come back



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