News Update

Sensex crashes 642.22 pts

Sensex crashes 642.22 pts

The benchmark index of Bombay Stock Exchange (BSE) on Tuesday lost another 642.22 points to 36,481.09 following a spurt in global crude oil prices after attacks on Saudi Arabia’s oil facilities amid heavy selling across the border.

The Nifty of National Stock Exchange (NSE) too dropped by 185.90 points to 10,817.60. Though the Sensex opened on a positive note at 37,169.46, up by 46 points it remained day high and it immediately went in red and crashed nearly 704 points to 36,419.09, day low before closing at 36,481.09 sliding by 642,22 points from its previous close.

The Nifty recorded day high and low at 11,000.10 and 10.796.50 points respectively. With this, the sensex has tumbled down 1003 points in couple of days.

The sectoral indices include, Metal, Realty, Auto, Industries, Finance and Bankex were worse hit. In scrips that damaged the market were Hero MotoCorp, Tata Motors, Tata Steel and Axis Bank.

The market breadth was weak. On the BSE, 856 shares rose and 1668 shares fell. A total of 148 shares remain unchanged. The S&P BSE Small-Cap index fell 1.84 per cent. The S&P BSE Mid-Cap index fell 1.77 pc. (UNI)