Thursday, May 23 2024 | Time 06:11 Hrs(IST)
Business Economy

Sensex tanks 456.10 pts

Sensex  tanks 456.10 pts

Mumbai, April 16 (UNI) The equity market continued to slid for the third consecutive session on Tuesday as BSE Sensex plunged 456.10 pts to settle below 73K at 72,943.68 as selling was seen in IT, Bankex, Metal and Technology stocks amid concern over US rate cut and geographical tension in Middle East.

The National Stock Exchange (NSE) slipped 124.60 pts at 22,147.90

The NSE registered days high and low at 22,213.75 and 22,079.45 pts respectively.

The equity market opened in red and it remained negative throughout the session as the Sensex fell 507 pts at 72,892 in opening trade. It was slumped 714 pts at 72685, days low, before closing at 72,943.68, sliding 456.10 pts from its previous close.

The stocks that kept the market down were IT by 2.32 pc followed by Technology by 2.09 pc, Bankex by 0.50 pc and Metal by 0.36 pc.

However, the Mid cap rose 0.05 pc and Small Cap by 0.57 pc.

In 30 scrips, 7 advanced, while 23 declined.

The losers were Infosys by 3.65 pc to Rs 1414.75, IndusInd bank by 3.12 pc to Rs 1490.75, Wipro by 2.32 pc to Rs 448.60, Bajaj Finserv by 2.31 pc to Rs 1619.05 and HCL Technology by 1.94 pc to Rs 1476.30.

The gainers were Titan by 1.26 pc to Rs 3647.05, Hind Unilever by 1.20 pc to Rs 2220.90, HDFC bank by 0.97 pc to Rs 1509 40 and Maruti Suzuki by 0.62 pc to Rs 12503.15.


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