You are here: Home » News-IANS » Business-Economy
Business Standard

Equities plunge on sell-off, Sensex tanks over 500 points

IANS  |  Mumbai 

A huge sell-off across all sectors -- led by oil and gas, metals, auto and stocks -- dragged the Indian equity markets further into the negative territory during Friday's afternoon session, with the Sensex shedding over 500 points.

At 2.50 p.m., the barometer 30-scrip Sensitive Index (Sensex) of the traded at 33,168.43 points -- down 517.11 points or 1.54 per cent from the previous session's close -- scaling a low of 33,148.59 points during the intra-day trade.

The market breadth was bearish with 1,838 declines and 796 advances.

Tata Motors, Adani Ports, NTPC, and ITC were the top drags on the

On (NSE), the wider Nifty50 declined by 172.90 points or 1.67 per cent to trade at 10,187.25 points.

On Thursday, the NSE Nifty50 fell by 50.75 points or 0.49 per cent to close trade at 10,360.15 points while the Sensex closed at 33,685.54 points -- down 150.20 points or 0.44 per cent.

--IANS

ppg/mr

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, March 16 2018. 15:10 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU