NEW DELHI: Equity benchmark indices may just not grapple with bearish sentiments in the global markets as Sensex and Nifty misplaced more than a per cent each.
The BSE index misplaced a whopping 410 issues to near at 32,596.54. Nifty which had slipped beneath the 10,000-mark in the morning, did not retain the milestone through the day, remaining with a loss of 117 issues. The droop got here at the again of world meltdown as economic heavyweights US and China got here face-to-face by means of enforcing import tariffs, further fuelling industry battle issues.
Read right here: What may US-China industry battle lead to
Bank and metal shares which have bled essentially the most in the contemporary previous, bore the brunt on Friday too, with respective sub-indices shedding three per cent each. In truth, other than IT, not one of the sectoral sub-indices may just arrange to complete in the inexperienced.
Major lender stocks- Yes Bank, Axis Bank, SBI and ICICI Bank have been the most important losers along with Tata Steel, Tata Motors and Larsen and Toubro.
The BSE index misplaced a whopping 410 issues to near at 32,596.54. Nifty which had slipped beneath the 10,000-mark in the morning, did not retain the milestone through the day, remaining with a loss of 117 issues. The droop got here at the again of world meltdown as economic heavyweights US and China got here face-to-face by means of enforcing import tariffs, further fuelling industry battle issues.
Read right here: What may US-China industry battle lead to
Bank and metal shares which have bled essentially the most in the contemporary previous, bore the brunt on Friday too, with respective sub-indices shedding three per cent each. In truth, other than IT, not one of the sectoral sub-indices may just arrange to complete in the inexperienced.
Major lender stocks- Yes Bank, Axis Bank, SBI and ICICI Bank have been the most important losers along with Tata Steel, Tata Motors and Larsen and Toubro.
Trade war scare: Sensex plummets 400 points, Nifty finishes below 10,000
![Trade war scare: Sensex plummets 400 points, Nifty finishes below 10,000]()
Reviewed by Kailash
on
March 23, 2018
Rating:
