Wednesday, August 10, 2022
  • About
  • Advertise
  • Careers
Scoftware Magazine
  • Home
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Entertainment
  • Login
No Result
View All Result
Scoftware Magazine
Home Business

Sensex tanks over 1,000 points in opening trade; Nifty slips below 14,900

Jaleel M. by Jaleel M.
February 26, 2021
in Business
0
Sensex tanks over 1,000 points in opening trade; Nifty slips below 14,900
0
SHARES
13
VIEWS
Share on FacebookShare on Twitter



IndusInd Bank was the top loser in the Sensex pack, shedding around 3 per cent, followed by ICICI Bank, Axis Bank and Tech Mahindra

Related posts

10 grams of 24-carat stands at Rs 50,790; silver at Rs 61,200 per kilogram  

10 grams of 24-carat stands at Rs 50,790; silver at Rs 61,200 per kilogram  

May 18, 2022
How will you get tax benefits under new I-T rules for charitable organisations? Read on to find out

How will you get tax benefits under new I-T rules for charitable organisations? Read on to find out

May 17, 2022

Mumbai: 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 percent lower at 50,112.10. Similarly, the broader NSE Nifty was quoting 270.40 points or 1.79 percent 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 percent to finish at 51,039.31, and Nifty climbed 115.35 points or 0.77 percent to 15,097.35.

Foreign institutional investors (FIIs) were net buyers in the capital market as they purchased shares worth Rs 188.08 crore on Thursday, as per exchange data.

“Recent rise in bond yields globally and concerns with regard to higher commodity prices weighed on investors” sentiments as these two elements reduce the future value of cash flows and earnings,” said Binod Modi Head-Strategy at Reliance Securities.

US equities witnessed steep fall as sharp spike in bond yields dampened investors” sentiments.

Elsewhere in Asia, bourses in Shanghai, Hong Kong, Seoul and Tokyo were trading with significant losses in mid-session deals.

Meanwhile, the global oil benchmark Brent crude was trading 0.62 percent lower at USD 65.70 per barrel.

Subscribe to Moneycontrol Pro at ₹499 for the first year. Use code PRO499. Limited period offer. *T&C apply



Source link

Previous Post

Twitter’s new ‘Super Follow’ feature will ask users to pay for special content

Next Post

Fight between ‘Fortnite’ creator and Apple reels in more tech players

Next Post
Fight between ‘Fortnite’ creator and Apple reels in more tech players

Fight between ‘Fortnite’ creator and Apple reels in more tech players

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Virus hastens newspapers’ slide into shaky digital future, Companies & Markets News & Top Stories

Virus hastens newspapers’ slide into shaky digital future, Companies & Markets News & Top Stories

2 years ago

A Smart Wallet Will Change Your Life

2 years ago
Malaysia to reopen more sectors, schools if virus numbers stay low, SE Asia News & Top Stories

Malaysia to reopen more sectors, schools if virus numbers stay low, SE Asia News & Top Stories

2 years ago
A Passion For Medicine And Leading A Healthier Life Inspired Christopher Walker To Begin His Supplements Business After Witnessing Their Power To Cure On Himself.

A Passion For Medicine And Leading A Healthier Life Inspired Christopher Walker To Begin His Supplements Business After Witnessing Their Power To Cure On Himself.

2 years ago

FOLLOW US

  • 116 Followers
  • 29.5k Followers
  • 174k Subscribers

BROWSE BY CATEGORIES

  • Business
  • Culture
  • Entertainment
  • Lifestyle
  • Music
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Tech
  • Travel
  • World News

BROWSE BY TOPICS

2018 League Balinese Culture Bali United Budget Travel Champions League Chopper Bike Doctor Terawan Istana Negara Market Stories National Exam Visit Bali

POPULAR NEWS

  • Charles B and Kamil Ghaouti Collaborate on Groovy New Track “You’re Not Mine,” featuring LauraBrown. Out on Protocol Recordings

    Charles B and Kamil Ghaouti Collaborate on Groovy New Track “You’re Not Mine,” featuring LauraBrown. Out on Protocol Recordings

    0 shares
    Share 0 Tweet 0
  • Kris Jenner Spills Details About Her Sex Life With Corey Gamble: Watch

    0 shares
    Share 0 Tweet 0
  • Sam Heughan & Graham McTavish Are Men in Kilts for Travel Show

    0 shares
    Share 0 Tweet 0
  • Salted vs. Unsalted Pistachios

    0 shares
    Share 0 Tweet 0
  • Common Saints Release New Single “Idol Eyes”

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2020 Scoftware.com

No Result
View All Result
  • Home
  • Politics
  • Business
  • Culture
  • National
  • Sports
  • Lifestyle
  • Travel
  • Opinion

© 2020 Scoftware.com

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Terms and Conditions - Privacy Policy