Sensex tanks 407 points; Nifty ends below 11,750

NEW DELHI: Equity indices on Friday completed in red with the benchmark BSE sensex falling greater than 400 points amid US-Iran tensions. Sensex plunged 407 points or 1.03 according to cent to close at 39,194; while the wider NSE Nifty moved 108 points or 0.91 according to cent decrease to settle at 11,724.

On the BSE index, Yes Bank, Maruti, HDFC, Hero MotorCorp, Sun Pharma, Hindustan Unilever and Kotak Mahindra Bank were some of the top losers with their stocks falling up to four.36 according to cent. 24 out of 30 stocks on the sensex pack completed decrease.


On NSE, apart from for Nifty PSU Bank, all different sub-indices witnessed losses with Nifty Pharma, Media sliding probably the most, down up to 1.46 according to cent.


Both domestic in addition to international indices fell sharply over worries of US military strike towards Iran and international industry battle.


Domestic market additionally grew to become cautious watching for the end result of finance minister Nirmala Sitharaman's first GST Council meet, buyers mentioned.


Meanwhile, foreign institutional traders offered fairness worth Rs 438.41 crore on a internet foundation, while domestic institutional traders bought stocks to the tune of Rs 1,241.23 crore, provisional information to be had with stock exchanges confirmed on Thursday.


(With PTI inputs)
Sensex tanks 407 points; Nifty ends below 11,750 Sensex tanks 407 points; Nifty ends below 11,750 Reviewed by Kailash on June 22, 2019 Rating: 5
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