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Home»Business»Markets in free fall; Sensex, Nifty tumble nearly 2 per cent
Business

Markets in free fall; Sensex, Nifty tumble nearly 2 per cent

October 2, 2022No Comments1 Min Read
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Benchmark indices fell sharply on Monday, with the Sensex and Nifty tumbling practically 2 per cent every amid weak international market tendencies and overseas fund outflows.

Falling for the fourth straight day, the 30-share BSE Sensex tanked 953.70 factors or 1.64 per cent to settle at 57,145.22. Through the day, it plummeted 1,060.68 factors or 1.82 per cent to 57,038.24.

The NSE Nifty fell 311.05 factors or 1.80 per cent to finish at 17,016.30.

Among the many 30-share Sensex pack, Maruti, Tata Metal, ITC, Bajaj Finance, Axis Financial institution, NTPC, Mahindra & Mahindra and IndusInd Financial institution have been the foremost laggards.

HCL Applied sciences, Infosys, Asian Paints, TCS, UltraTech Cement, Wipro and Nestle have been the gainers.

Elsewhere in Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong ended sharply decrease.

European bourses have been buying and selling within the pink in mid-session offers. The US markets ended within the detrimental territory on Friday.

In the meantime, the worldwide oil benchmark Brent crude slipped 0.75 per cent to USD 85.50 per barrel.

International institutional traders offloaded shares price a internet Rs 2,899.68 crore on Friday, in accordance with information out there with BSE.



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