Markets

News Details

( 15 Oct 2020)
Sensex plunges 960 points; Nifty slips below 11,800

Benchmark indices extended the fall in the afternoon session with Sensex breaks 40000 level dragged lower mainly by IT stocks and financials, amid weak global cues.

Meanwhile, Indian rupee ended lower at 73.38 per dollar, amid selling seen in the domestic equity market. It opened flat at 73.32 per dollar against Wednesday's close of 73.29 and remained in the range of 73.22-73.40.

At 14:30 hours, the 30-share benchmark index was trading at 39834.34 down by -960.4 points or by -2.35 % and then NSE Nifty was at 11719.65 down by -251.4 points or by -2.1 %.

Sensex touched intraday high of 41048.05 and intraday low of 39812.97 The NSE Nifty touched intraday high of 12025.45 and intraday low of 11700.95

The top gainers of the BSE Sensex pack were NTPC Ltd. (Rs. 79.90,+1.01%), Asian Paints Ltd. (Rs. 2074.00,+0.13%), Tata Steel Ltd. (Rs. 375.90,+0.09%), among others.

The top losers of the BSE Sensex pack were HCL Technologies Ltd. (Rs. 842.95,-5.30%), Mahindra & Mahindra Ltd. (Rs. 809.45,-4.65%), Bajaj Finance Ltd. (Rs. 3228.00,-4.26%), ICICI Bank Ltd. (Rs. 393.05,-3.38%), Bharti Airtel Ltd. (Rs. 399.45,-3.36%), among others.

Among the sectors,IT index was at 16465.01 up by 84.67 points or by 0.52%. Brightcom Group Ltd. (Rs. 5.52,+4.15%), Oracle Financial Services Software Ltd. (Rs. 3264.25,+3.71%), Subex Ltd. (Rs. 14.87,+2.76%), Intellect Design Arena Ltd. (Rs. 241.00,+2.29%), HCL Infosystems Ltd. (Rs. 7.70,+0.65%),.

TECk index was at 9774.57 down by -331.57 points or by -3.28%. Dish TV India Ltd. (Rs. 11.92,-5.99%), MindTree Ltd. (Rs. 1461.40,-5.93%), HCL Technologies Ltd. (Rs. 842.95,-5.30%), Bharti Infratel Ltd. (Rs. 179.90,-5.04%), Mahindra & Mahindra Ltd. (Rs. 809.45,-4.65%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2924 , shares advanced were 957 while 1780 shares declined and 187 were unchanged.