New Delhi: Indian Equity Benchmark continues to plunge for the fourth consecutive session on Friday amid weak global cues. Both indices headed for their worst week since the end of November. Asian stock markets and a.s. Futures fall after stock A.S. Taking a knock overnight, injured by concerns inherent in tightening the Federal Reserve and weakened income data than expected.
At 9:25 a.m., the 30-Share Sensex BSE package fell 722 points or 1.21 percent in 58,743 and wider NIFTY NIFTY slipped 209 points or 1.18 percent to 17,548.
Secondary and small stocks are in the negative zone as the Nifty Midcap 100 index fell 0.82 percent and small stocks traded 0.77 percent.
On the front specific shares, Tech Mahindra is the top loser that is loser because the cracked stock 3 percent is ₹ 1,616.90. Bajaj Finserv, Lab Dr. Reddy, Infosys and Divi are also between Slow.
In Flipside, Powergrid, Hindalco and BPCL are between controls.
The extent of the overall market was weak because of 963 forward shares while 1,603 declined to BSE.
On the BSE 30-Share platform, Bajaj Finserv, Dr. Reddy’s, Infosys, Techm, Bajaj Finance, Indusind Bank and Wipro attracted the most losses with their shares which slid as much as 3.10 percent.
Also, Reliance Industries, JSW Steel, HDFC Life Insurance and SBI Life Insurance sneak ahead of their income report.
PowerGrid, Hindustan Unilever and NTPC are among control.
Sensex has slipped 634 points or 1.06 percent to close at 59,465 on Thursday, while the wider NIFTY NIFTY has settled 181 points or 1.01 percent lower at 17,757.
The post Sensex Tanks Over 700 Points, Nifty Trades Below 17,550; Tech Mahindra, Bajaj Finserv, Dr Reddy’s Among Top Drags first appeared on Businessely.com.
