Sensex tanks over 1,000 pts in opening commerce; Nifty slips beneath 14,900


Mumbai, February 26

Equity benchmark Sensex tanked over 1,000 points in the opening session on Friday tracking losses in index majors ICICI Bank, HDFC twins and Reliance Industries amid a negative trend in global markets.

After touching a low of 49,950.75, the 30-share BSE index was trading 927.21 points or 1.82 per cent lower at 50,112.10.

Similarly, the broader NSE Nifty was quoting 270.40 points or 1.79 per cent down at 14,826.95.

IndusInd Bank was the top loser in the Sensex pack, shedding around 3 per cent, followed by ICICI Bank, Axis Bank, HDFC, M&M, SBI, HDFC Bank, Reliance Industries and Tech Mahindra.

On the other hand, Nestle India, Maruti, HUL and Bharti Airtel were among the gainers.

In the previous session, Sensex spurted 257.62 points or 0.51 per cent to finish at 51,039.31, and Nifty climbed 115.35 points or 0.77 per cent to 15,097.35. PTI 



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