Wednesday, July 8, 2020
News

Sensex slumps 1,000 points, Nifty ends below 9,000 (Lead)

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Mumbai | Monday, 2020 10:45:06 PM IST
The Indian stock market tumbled on Monday with the BSE Sensex settling over 1,000 points lower, as the economic package announced by the government failed to cheer the investors.

The Nifty50 on the National Stock Exchange also fell over 300 points to end below the psychological 9,000 mark.

The indices were weighed down by heavy selling pressure in banking and finance stocks. The S&P BSE Banking index fell 6.69 per cent and the BSE Finance index was down 6.65 per cent.

The Sensex closed at 30,069.93, lower by 1,027.80 points or 3.31 per cent from the previous close of 31,097.73.

It had opened at 31,248.26 and touched an intra-high of 31,248.26 and a low of 29,968.45 points.

The Nifty50 closed at 8,823.25, lower by 313.60 points or 3.43 per cent from the previous close.

The major losing stocks on the Sensex were IndusInd Bank (down 10.02 per cent), Ultratech Cement (down 7.59 per cent) and HDFC (7.55 per cent), while the only gainers on the Sensex were TCS (up 2.72 per cent), Infosys (up 1.73 per cent).

--IANS rrb/sn/skp/

( 191 Words)

2020-05-18-16:50:16 (IANS)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Coke to advance beverage localisation, e...
Israeli flag carrier accepts govt rescue...
Ampere Vehicles acquires E-3Wheeler majo...
IL&FS: SAT says SEBI can enhance penalty...
Tata Power completes sale transaction of...
By alienating so many Hong Kongers, Chin...
More...
 
INDIA WORLD ASIA
Dubey's accomplices: Police release pict...
Three more aides of Vikas Dubey arrested...
Covid scare: Special remand court for ac...
Rajnath Singh reviews infra requirements...
Vikas Dubey saga: The curious case of a ...
Rajbhar seeks Yogi resignation in Kanpur...
More...    
 
 Top Stories
Sridevi-starrer 'Mom' turns three... 
Plea in SC seeks broadcast of 'Covi... 
Radhika Madan posts a funny dance v... 
Would have picked Buttler as stand-... 
Elton John recalls time he thought ... 
Yotta Infra unveils gigantic data c... 
Jharkhand reports 21st Covid-19 dea... 
David Schwimmer: 'Friends' reunion ...