Sensex tanks 323 factors on weak international cues; Nifty under 11,550


Mumbai, September 17

The BSE Sensex tumbled 323 factors on Thursday, weighed by losses in index heavyweights Reliance Industries and HDFC twins amid unfavorable cues from international markets after the US Fed highlighted the uncertainty surrounding financial restoration.

The 30-share BSE index ended 323 factors or 0.82 per cent decrease at 38,979.85. The NSE Nifty fell 88.45 factors or 0.76 per cent to 11,516.10.

Bajaj Finserv was the highest laggard within the Sensex pack, shedding over 2 per cent, adopted by PowerGrid, L&T, ICICI Bank, Bajaj Finance, TCS and Sun Pharma.

On the opposite hand, HCL Tech, Infosys and Maruti completed larger.

According to merchants, home equities traded on a unfavorable be aware monitoring weak cues from international markets after the US Federal Reserve hinted at key coverage rate of interest staying near zero at the least via 2023 with out unveiling any extra stimulus plans.

Bourses in Shanghai, Hong Kong, Seoul and Tokyo ended with vital losses.

Stock exchanges in Europe too opened on a unfavorable be aware.

Meanwhile, international oil benchmark Brent Crude was buying and selling 0.26 per cent decrease at USD 42.11 per barrel. PTIĀ 



Be the first to comment on "Sensex tanks 323 factors on weak international cues; Nifty under 11,550"

Leave a comment

Your email address will not be published.


*


%d bloggers like this: