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HomeBusinessSensex Dives 769 Points, Nifty Settles Below 16,250; Titan, Maruti, Asian Paints...

Sensex Dives 769 Points, Nifty Settles Below 16,250; Titan, Maruti, Asian Paints Top Drags


On BSE, the general market breadth stood weak as 1,225 shares superior whereas 2,128 declined.

New Delhi: The Indian fairness indices on Friday prolonged fall for the third straight session because the Russia-Ukraine battle intensified. Ukraine’s state emergency service stated {that a} hearth that broke out in a constructing close to the most important nuclear energy plant in Europe throughout preventing between Russian and Ukrainian forces has been extinguished. Both the home indices fell to their lowest in seven months, monitoring a sell-off in world equities. 

The benchmark BSE Sensex dived 769 factors or 1.40 per cent to shut at 54,334; whereas the broader NSE Nifty moved 253 factors or 1.53 per cent decrease to settle at 16,245.

Crude oil hit its highest in a decade this week and costs are set to submit their strongest weekly beneficial properties for the reason that center of 2020, with the U.S. benchmark up greater than 18 per cent and Brent 13 per cent.

Back dwelling, mid- and small-cap shares completed on a adverse be aware as Nifty Midcap 100 index fell 2.08 per cent decrease and small-cap shares slipped 1.78 per cent.

Most of the sector gauges — compiled by the National Stock Exchange — closed within the crimson. Nifty Auto and Nifty Consumer Durables underperformed the index by falling as a lot as 3.55 per cent and three.11 per cent, respectively. However, Nifty IT edged 0.14 per cent greater.

On the stock-specific entrance, Titan was the highest Nifty loser because the inventory cracked 5.21 per cent to Rs 2,440.20. Maruti Suzuki India, Asian Paints, Hero MotoCorp and Tata Motors have been additionally among the many laggards.

On BSE, the general market breadth stood weak as 1,225 shares superior whereas 2,128 declined.

On the 30-share BSE index, Titan, Maruti, Asian Paints, M&M, Hindustan Unilever, Axis Bank and Bajaj Finance have been among the many high losers.

In distinction, ITC, Dr Reddy’s, Tech Mahindra, ExtremelyTech Cement, Sun Pharma, Wipro, Infosys and HCL Tech completed within the inexperienced.



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