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HomeBusinessSensex Slumps Over 1,000 Points Amid Ukraine Crisis, Nifty Below 16,200; Asian...

Sensex Slumps Over 1,000 Points Amid Ukraine Crisis, Nifty Below 16,200; Asian Paints, Hero MotoCorp Top Drags


On BSE, the general market breadth was weak as 855 shares had been advancing whereas 1,559 had been declining.

New Delhi: The Indian fairness indices fell sharply on Friday amid the continuing Russia-Ukraine disaster. Asian fairness markets suffered heavy losses whereas oil costs jumped as traders took fright from experiences of a nuclear energy plant on hearth amid fierce combating between Ukraine and Russian troops.

As of 10:29 am, the benchmark BSE Sensex crashed 1,027 factors or 1.86 per cent to 54,076; whereas the broader NSE Nifty dived 302 factors or 1.83 per cent to 16,196.

Mid-and small-cap shares had been buying and selling within the unfavourable zone as Nifty Midcap 100 index slipped 1.29 per cent up and small-cap shares shed 1.40 per cent.

Most of the sector gauges — compiled by the National Stock Exchange — had been buying and selling within the purple. Nifty Auto and Nifty had been underperforming the index by falling as a lot as 2.52 per cent and 1.86 per cent, respectively, in early commerce. However, Nifty Metal moved as a lot as 0.57 per cent larger.

On the stock-specific entrance, Asian Paints was the highest Nifty loser because the inventory cracked 5.18 per cent to Rs 2,723.25. Hero MotoCorp, Maruti, Axis Bank and Hindustan Unilever had been additionally among the many laggards.

On BSE, the general market breadth was weak as 855 shares had been advancing whereas 1,559 had been declining.

On the 30-share BSE index, Asian Paints, Maruti, Axis Bank, Titan, Wipro, M&M and Bajaj Finance had been among the many high losers. In distinction, Tata Steel and NTPC had been buying and selling within the inexperienced.

Sensex had slipped 366 factors or 0.66 per cent to shut at 55,103 on Thursday; whereas Nifty had moved 108 factors or 0.65 per cent decrease to settle at 16,498.



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