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MARKET LIVE: Sensex tumbles 1,800 pts, Nifty below 14,600; India VIX up 27%
LIVE markets: The Nifty sectoral indices were painted red, with the Nifty Bank index, down over 2 per cent, bleeding the most
Topics
MARKET LIVE | Markets | SGX Nifty
SI Reporter |
Last Updated at February 26, 2021 12:41 IST
EVENT HIGHLIGHTS
LIVE market updates: The bears were firmly in control of the Indian markets on Friday as the benchmark indices dropped over 3 per cent in late morning deals. Volatility index, India VIX, meanwhile shot up 27 per cent.
The S&P BSE Sensex tumbled 1,800 points and gave up 50,000 to hover around 49,230-mark. The Nifty50 index, meanwhile, fell below the 14,600 level. ICICI Bank, IndusInd Bank, and Axis Bank fell 3 per cent each and were the top Sensex laggards.
The Nifty sectoral indices were painted red, with the Nifty Bank index, down over 2 per cent, bleeding the most.
The Nifty sectoral indices were painted red, with the Nifty Bank index, down over 2 per cent, bleeding the most.
The damage was relatively contained in the broader markets, where the S&P BSE MidCap and SmallCap indices were trading 0.5 per cent and 0.3 per cent lower, respectively.
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