ANI
12 May 2022, 17:48 GMT+10
Mumbai (Maharashtra) [India], May 12 (ANI): The Indian stock markets' key indices, Sensex and Nifty, slumped by more than two per cent on Thursday dragged by heavy selling pressure in banking and metal stocks as high US inflation data dampened investors' confidence.
The 30 stock SP BSE Sensex tumbled 1158.08 points or 2.14 per cent to 52,930.31 points against its previous day's close at 54,088.39 points.
Earlier, the Sensex started the trade deep in the red at 53,608.35 points and slumped to a low of 52,702.30 points in the intra-day.
This is the fifth straight session of loss in the benchmark Sensex. The Sensex had lost 276.46 points or 0.51 per cent on Wednesday.
The broader Nifty 50 of the National Stock Exchange dipped 359.10 points or 2.22 per cent to 15,808 points against its previous day's close at 16,167.10 points.
The Nifty had slumped 72.95 points or 0.45 per cent on Wednesday.
IndusInd Bank tumbled 5.82 per cent to Rs 869.45. Tata Steel dipped 4.13 per cent to Rs 1118.15. Bajaj Finance fell 3.76 per cent to Rs 5588. Bajaj Finserv declined 3.53 per cent to Rs 12848.95.
State Bank of India plunged 2.93 per cent to Rs 462.45. HDFC Bank dipped 3.34 per cent to Rs 1303.10.
The index heavyweight Reliance Industries fell 1.99 per cent to Rs 2400.95.
Only one of the 30 scrips that are part of the Sensex closed in the positive. Wipro rose 0.91 per cent to Rs 475.50. (ANI)Get a daily dose of Iraq Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Iraq Sun.
More InformationWASHINGTON, D.C.: The Pentagon told its civilian employees that they must provide a list of five bullet points detailing their accomplishments...
MELBOURNE, Australia: An Australian warship rescued Lithuanian adventurer Aurimas Mockus this week after he became stranded in the...
WASHINGTON, D.C.: The U.S. is sending about 3,000 more soldiers to the U.S.-Mexico border as President Donald Trump pushes to stop...
ANNAPOLIS, Maryland: Maryland's largest managed care organization for Medicaid recipients has had its accreditation suspended, prompting...
SEOUL, South Korea: A U.S. aircraft carrier reached South Korea over the weekend, shortly after North Korea test-fired cruise missiles...
WASHINGTON, D.C.: Firefly Aerospace has achieved a major milestone in private space exploration, successfully landing its Blue Ghost...
CAIRO, Egypt - UN Secretary-General Antonio Guterres has warned of the 'alarming situation' unfolding in the West Bank, and says the...
Government forces have clashed with Assad loyalists in Latakia and Jableh More than 70 people have been killed in fighting between...
Welcome back to The Farda Briefing, an RFE/RL newsletter that tracks the key issues in Iran and explains why they matter. I'm RFE/RL...
Tel Aviv [Israel], March 7 (ANI/TPS): Israel's Ministry of Health Thursday released draft regulations that will require graphic health...
RFE/RL's Live Briefinggives you all of the latest developments on Russia's full-scale invasion of Ukraine, Western military aid to...
RFE/RL's Live Briefinggives you all of the latest developments on Russia's full-scale invasion of Ukraine, Western military aid to...