Sensex tanks 407 points; Nifty ends below 11,750
Highlights
- On the BSE index, Yes Bank, Maruti, HDFC, Hero MotorCorp, Sun Pharma, Hindustan Unilever and Kotak Mahindra Bank were among the top losers with their shares falling as much as 4.36 per cent
- On NSE, except for Nifty PSU Bank, all other sub-indices witnessed losses with Nifty Pharma, Media sliding the most, down as much as 1.46 per cent
(Representative image)NEW DELHI: Equity indices on Friday finished in red with the benchmark BSE sensex falling more than 400 points amid US-Iran tensions. Sensex plunged 407 points or 1.03 per cent to close at 39,194; while the broader NSE Nifty moved 108 points or 0.91 per cent lower to settle at 11,724.
On the BSE index, Yes Bank, Maruti, HDFC, Hero MotorCorp, Sun Pharma, Hindustan Unilever and Kotak Mahindra Bank were among the top losers with their shares falling as much as 4.36 per cent. 24 out of 30 stocks on the sensex pack finished lower.
On NSE, except for Nifty PSU Bank, all other sub-indices witnessed losses with Nifty Pharma, Media sliding the most, down as much as 1.46 per cent.
Both domestic as well as global indices fell sharply over worries of US military strike against Iran and global trade conflict.
Domestic market also turned cautious awaiting the outcome of finance minister Nirmala Sitharaman's first GST Council meet, traders said.
Meanwhile, foreign institutional investors sold equity worth Rs 438.41 crore on a net basis, while domestic institutional investors purchased shares to the tune of Rs 1,241.23 crore, provisional data available with stock exchanges showed on Thursday.
(With PTI inputs)
On the BSE index, Yes Bank, Maruti, HDFC, Hero MotorCorp, Sun Pharma, Hindustan Unilever and Kotak Mahindra Bank were among the top losers with their shares falling as much as 4.36 per cent. 24 out of 30 stocks on the sensex pack finished lower.
On NSE, except for Nifty PSU Bank, all other sub-indices witnessed losses with Nifty Pharma, Media sliding the most, down as much as 1.46 per cent.
Both domestic as well as global indices fell sharply over worries of US military strike against Iran and global trade conflict.
Domestic market also turned cautious awaiting the outcome of finance minister Nirmala Sitharaman's first GST Council meet, traders said.
Meanwhile, foreign institutional investors sold equity worth Rs 438.41 crore on a net basis, while domestic institutional investors purchased shares to the tune of Rs 1,241.23 crore, provisional data available with stock exchanges showed on Thursday.
(With PTI inputs)
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