Markets tumble in closing hour\, Sensex closes at 38\,731

Markets tumble in closing hour, Sensex closes at 38,731

ANI 

Equity benchmark indices wound up lower on Thursday after witnessing heavy selling pressure in the final hour of trading and losses in

Panic selling in the closing hour of trading session also pulled the down 84 points to close at 11,642.

All sectoral indices wrapped up in the red, except realty.

Significant losses in Reliance Industries, HDFC Bank, and weighed on the broader index in afternoon trade.

fell as much as 9.6 per cent due to subdued corporate results. The other prominent losers were Tata Steel, Vedanta, Maruti and

Those which showed gains were Ultra Cement, Grasim, Dr Reddy, and

Meanwhile, Asian shares were mixed with investors remaining cautious after the told countries buying Iranian to stop purchases by May 1 or face economic sanctions.

Chinese equities moved between gains and losses as investors weighed how will slow its pace of policy easing after strong first-quarter economic growth.

Stocks declined in and Hong Kong but Japan's benchmarks were flat.

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

First Published: Thu, April 25 2019. 16:38 IST