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MARKETS: Sensex tumbles 750 pts; RIL, ICICI Bank, HDFC twins top drags
Nifty Bank index dipped 3 per cent
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MARKET LIVE | Markets | NSE
SI Reporter |
Last Updated at January 22, 2021 15:15 IST
EVENT HIGHLIGHTS
LIVE market updates: The Indian benchmark indices tumbled over one per cent in Friday's noon deals, dragged mainly by Reliance Industries and private banks.
The S&P BSE Sensex fell 550 points to 49,050. The index hit an intra-day low of 48,895. The broader Nifty50 index fell below 14,400. Axis Bank, down 4 per cent, was the top Sensex loser. Besides, Axis Bank, ICICI Bank, HDFC, and Tech Mahindra fell 2 per cent, each. Reliance Industries also slipped 2 per cent ahead of its quarterly results later in the day. On the other hand, Bajaj Auto surged as much as 8 per cent.
All the Nifty sectoral indices were painted red, except Nifty Auto index, which was up 1 per cent.
The S&P BSE Sensex fell 550 points to 49,050. The index hit an intra-day low of 48,895. The broader Nifty50 index fell below 14,400. Axis Bank, down 4 per cent, was the top Sensex loser. Besides, Axis Bank, ICICI Bank, HDFC, and Tech Mahindra fell 2 per cent, each. Reliance Industries also slipped 2 per cent ahead of its quarterly results later in the day. On the other hand, Bajaj Auto surged as much as 8 per cent.
All the Nifty sectoral indices were painted red, except Nifty Auto index, which was up 1 per cent.
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