Business

Heavy volatility in the stock market, Sensex and Nifty fell by about 1 percent

Delhi Delhi. Stock market key indices Sensex and Nifty fell nearly 1 per cent on Friday due to heavy selling in FMCG, auto and energy stocks amid rising tensions in West Asia and continued foreign capital outflows. Besides, a surge in global crude oil prices on supply uncertainty due to geopolitical tensions weighed on market sentiment, traders said.
Turning to a decline for the fifth consecutive day, the BSE Sensex closed 808.65 points, or 0.98 per cent, lower at 81,688.45. The benchmark touched a low of 81,532.68 and a high of 83,368.32 during the day, registering a massive volatility of 1,835.64 points. The NSE Nifty fell 235.50 points, or 0.93 per cent, to 25,014.60. During the day, it touched a low of 24,966.80 and a high of 25,485.05. Among the 30 Sensex companies, Mahindra & Mahindra, Bajaj Finance, Asian Paints, Nestle, Bharti Airtel, UltraTech Cement, Hindustan Unilever, ITC and HDFC Bank were the biggest losers.

Leave a Reply

Your email address will not be published.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

Back to top button