NEW DELHI: Equity markets on Tuesday snapped an outstanding run as both Sensex and Nifty misplaced more than half a according to cent.
The benchmark indices had opened in the inexperienced and stayed flat for an extended length however a sharp fall in rupee in mid-day trade brought about them to begin shedding and the slide may now not be arrested till the final bell.
30-share BSE Sensex 216.24 points to near only a coloration underneath 34,950 whilst the broader 50-share NSE Nifty completed underneath 10,650.
State-run banks as soon as again bore the brunt as Nifty PSU Bank as a sectoral sub-index misplaced 3 according to cent. Pharma and financial carrier sectors also misplaced more than a according to cent each and every. IT and auto stocks controlled to outperform.
The benchmark indices had opened in the inexperienced and stayed flat for an extended length however a sharp fall in rupee in mid-day trade brought about them to begin shedding and the slide may now not be arrested till the final bell.
30-share BSE Sensex 216.24 points to near only a coloration underneath 34,950 whilst the broader 50-share NSE Nifty completed underneath 10,650.
State-run banks as soon as again bore the brunt as Nifty PSU Bank as a sectoral sub-index misplaced 3 according to cent. Pharma and financial carrier sectors also misplaced more than a according to cent each and every. IT and auto stocks controlled to outperform.
Markets snap winning run, Sensex slips above 200 points
Reviewed by Kailash
on
May 29, 2018
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