BSE Sensex tanks 389 points, markets spooked by escalation in Middle East tensions
BSE Sensex is trading at 72,099 points, down 389 points on Friday as domestic equities continued their losing spree amid escalation in Middle East tensions.
Tracking mixed Asian markets, domestic benchmark indices closed Wednesday’s trading session on a lower note. The BSE Sensex closed 145 points or 0.49 per cent down at 29,643 while the NSE Nifty ended 34 points or 0.36 per cent lower at 9,203.
In the broader markets, BSE Midcap and Smallcap indices declined 0.2 per cent and 0.5 per cent respectively.
Among the BSE sectoral indices, Consumer Durables index closed with the biggest dip, down 1 per cent. Power Goods (down 0.8 per cent), IT (down 0.6 per cent) and Auto (up 0.5 per cent) indices were other notable losers. Realty and Telecom indices gained 0.8 per cent and 0.4 per cent respectively.
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On Tuesday, the BSE Sensex closed 213 points or 0.72 per cent higher at 29,788, while the NSE Nifty ended 56 points or 0.61 per cent lower at 9,237.
Top gainers in the Sensex-30 pack: Sun Pharma (up 2.2 per cent), Dr Reddy’s Labs (up 0.8 per cent), Bajaj Auto (up 0.6 per cent), Cipla (up 0.4 per cent) and Coal India (up 0.4 per cent).
Top losers in the Sensex-30 pack: Tata Steel (down 2.1 per cent), Adani Ports (down 2.1 per cent), Wipro (down 2 per cent), Gail (down 1.9 per cent) and Tata Motors (down 1.6 per cent).
Meanwhile, the Rupee was trading 15 paise down at 64.78 against the US Dollar.
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