January 26, 2021

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Sensex tanks 394 factors, Nifty slips under 11,350 | Markets Information

Sensex tanks 394 points, Nifty slips below 11,350

New Delhi: Markets ended within the crimson zone on Thursday monitoring a large selloff in world markets.

The BSE Sensex tanked 394.40 factors or 1.02 per cent to shut at at 38,220.39. The broader NSE Nifty slumped 96.20 factors or 0.84 per cent to 11,312.20.

Main gainers within the Sensex pack had been HDFC, Axis Financial institution, Bharti Airtel, M&M, Titan, RIL, ICICI Financial institution, IndusInd Financial institution, Ultrachem, Kotak Financial institution, ITC and LT, falling upto 2.35 p.c. However, shares of NTPC, ONGC, Powergrid, Tata Metal and HCL Tech closed in inexperienced rising upto 6.87 p.c.

Bourses in Shanghai, Hong Kong, Tokyo and Seoul ended with heavy losses. Inventory exchanges in Europe additionally witnessed sturdy promoting in early periods. World oil benchmark Brent crude was buying and selling 1.06 per cent decrease at USD 44.89 per barrel.

Within the foreign exchange market, the rupee settled at 75.02 towards the US greenback, down 20 paise over its earlier shut.

Within the earlier session on Wednesday, the BSE Sensex settled 86.47 factors or 0.22 per cent increased at 38,614.79. The NSE Nifty rose 23.05 factors or 0.20 per cent to 11,408.40.

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