Sensex Nifty tank around 1 pc as rate hike worries hit global equities
Mumbai Jan 19 PTI Equity benchmarks Sensex and Nifty tanked around 1 per cent on Wednesday due to sharp losses mainly in IT banking and FMCG shares following a global rout in equities on rate hike worries The 30-share BSE Sensex declined by 65604 points or 108 per cent to close at 6009882 with 23 of its constituents ending in the red The broader NSE Nifty plunged by 17465 points or 096 per cent to close at 1793840 points as 35 of its stocks closed with losses Infosys fell the most among Sensex stocks declining by 285 per cent Among other IT stocks TCS fell by 187 per cent Wipro by 152 per cent and HCL Tech by 170 per cent Asian Paints by 271 per cent HUL declined by 241 per cent Bajaj Finance by 207 per cent and Kotak Bank by 186 per cent Foreign investors remained net sellers in the Indian equity markets as they offloaded stocks worth Rs 125495 crore on Tuesday according to stock exchange data Asian stock markets declined in cautious trading with Tokyos Nikkei 225 plunging nearly 3 per cent following losses on Wall Street Australias SPASX 200 fell 1 per cent to 733250 South Koreas Kospi declined 08 per cent the Shanghai Composite lost 03 per cent to 355818 Hong Kongs Hang Seng inched up PTI MR MKJ
Mumbai Jan 19 PTI Equity benchmarks Sensex and Nifty tanked around 1 per cent on Wednesday due to sharp losses mainly in IT banking and FMCG shares following a global rout in equities on rate hike worries The 30-share BSE Sensex declined by 65604 points or 108 per cent to close at 6009882 with 23 of its constituents ending in the red The broader NSE Nifty plunged by 17465 points or 096 per cent to close at 1793840 points as 35 of its stocks closed with losses Infosys fell the most among Sensex stocks declining by 285 per cent Among other IT stocks TCS fell by 187 per cent Wipro by 152 per cent and HCL Tech by 170 per cent Asian Paints by 271 per cent HUL declined by 241 per cent Bajaj Finance by 207 per cent and Kotak Bank by 186 per cent Foreign investors remained net sellers in the Indian equity markets as they offloaded stocks worth Rs 125495 crore on Tuesday according to stock exchange data Asian stock markets declined in cautious trading with Tokyos Nikkei 225 plunging nearly 3 per cent following losses on Wall Street Australias SPASX 200 fell 1 per cent to 733250 South Koreas Kospi declined 08 per cent the Shanghai Composite lost 03 per cent to 355818 Hong Kongs Hang Seng inched up PTI MR MKJ
