Newsbytes
  • India
  • Business
  • World
  • Politics
  • Sports
  • Science
  • Entertainment
  • Auto
  • Lifestyle
  • Inspirational
  • Career
  • Bengaluru
  • Delhi
  • Mumbai
  • Videos
  • Phone Reviews
  • Find Cricket Statistics
Hindi
More
Newsbytes
Hindi
Newsbytes
User Placeholder

Hi,

Logout


India
Business
World
Politics
Sports
Science
Entertainment
Auto
Lifestyle
Inspirational
Career
Bengaluru
Delhi
Mumbai
Videos
Phone Reviews
Find Cricket Statistics

More Links
  • Videos

Download Android App

Follow us on
  • Facebook
  • Twitter
  • Linkedin
  • Youtube
 
Home / News / Business News / Sensex tanks over 400 points in early trade
  • Business

    Sensex tanks over 400 points in early trade

    Nikita Gupta <br/><i>(Sourced from PTI)</i>
    Written by
    Nikita Gupta
    (Sourced from PTI)
    Mail
    Last updated on Mar 31, 2021, 11:06 am
    Sensex tanks over 400 points in early trade
  • Equity benchmark Sensex tumbled over 400 points in early trade on Wednesday, dragged by losses in index majors HDFC twins, Infosys, and ICICI Bank amid a negative trend in global markets.

    The 30-share BSE index was trading 440.84 points or 0.88 percent lower at 49,695.74, and the broader NSE Nifty dropped 116.05 points or 0.78 percent to 14,729.05.

  • In this article
    Who were the top gainers and losers? Sensex had ended 2.30 percent higher in the previous session Strengthening dollar index can aggravate investors' concern Brent crude was trading at $64.46 per barrel
  • Information

    Who were the top gainers and losers?

  • The HDFC duo was the top laggard in the Sensex pack, shedding over 2 percent, followed by Tech Mahindra, PowerGrid, ICICI Bank, Infosys, and Kotak Bank. On the other hand, Bajaj Finserv, Reliance Industries, NTPC, Sun Pharma, Axis Bank, and Maruti were among the gainers.

  • Previous session

    Sensex had ended 2.30 percent higher in the previous session

  • In the previous session, the 30-share BSE index Sensex ended 1,128.08 points or 2.30 percent higher at 50,136.58, and the broader NSE Nifty settled at a nearly two-week high of 14,845.10.

    Foreign institutional investors (FIIs) were net buyers in the capital market as they purchased shares worth Rs. 769.47 crore on Tuesday, as per exchange data.

  • Expert talks

    Strengthening dollar index can aggravate investors' concern

  • "Domestic equities don't look good at the moment. The recent announcements of night curfews and an indication of lockdown by Maharashtra authorities certainly do not augur well for equities," said Binod Modi, Head, Strategy at Reliance Securities.

    The strengthening dollar index, which gained 1.5 percent last week and surpassed 93 levels so far this week, can aggravate investors' concern in emerging markets including India.

  • Global markets

    Brent crude was trading at $64.46 per barrel

  • "US equities ended lower as concerns of rising bond yields and higher inflation once again weighed on investors' sentiments," Modi said.

    Elsewhere in Asia, bourses in Shanghai, Hong Kong, and Tokyo were in the red in mid-session deals, while Seoul was trading marginally higher.

    Meanwhile, the global oil benchmark Brent crude was trading 0.45 percent higher at $64.46 per barrel.

  • Bombay Stock Exchange
  • Sensex
  • Nifty
  •  
Latest News
  • 'Roadies Revolution' fame Saqib Khan quits showbiz for religious path
    'Roadies Revolution' fame Saqib Khan quits showbiz for religious path
    Entertainment
  • Night curfew imposed as people were organizing parties: Jain
    Night curfew imposed as people were organizing parties: Jain
    Delhi
  • Raut slams BJP for changing stance on COVID-19 curbs
    Raut slams BJP for changing stance on COVID-19 curbs
    Politics
  • MSD to play 'Captain 7' in India's first animated-spy series
    MSD to play 'Captain 7' in India's first animated-spy series
    Entertainment
  • Gujarat: Night curfew in 20 cities from today
    Gujarat: Night curfew in 20 cities from today
    India
Trending Topics
Bharti Airtel Mukesh Ambani WhatsApp Mark Zuckerberg Reliance Jio OPPO Sensex Isha Ambani
Next News Article
Share
Cancel

Want to share it with your friends too?

Facebook Whatsapp Twitter Linkedin
Copied

Love Business news?

Subscribe to stay updated.

Business Thumbnail
India News Business News World News Politics News Sports News Science News Entertainment News Auto News Lifestyle News Inspirational News
Career News Bengaluru News Delhi News Mumbai News Bharti Airtel Mukesh Ambani Indian Premier League Samsung Virat Kohli Rohit Sharma
Cricket News YouTube Hollywood News WhatsApp Bollywood News Real Madrid ISRO Yoga Honda Batman
Football News BMW Mark Zuckerberg Vaccine Reliance Jio OPPO Food News, Healthy Recipes Apple Royal Challengers Bangalore Toyota
Fashion Tips Sensex Mercedes Manchester City Katrina Kaif Sidharth Malhotra Isha Ambani India Vs England Cricket OnePlus Mobiles Android TV
Smart TV Marvel Comics Avengers Neha Kakkar
About Us Privacy Policy Terms & Conditions Contact Us News Reviews News Archive Topics Archive Find Cricket Statistics
Follow us on
Facebook Twitter Linkedin Youtube
All rights reserved © NewsBytes 2021