Closing bell: Sensex plunges more than 350 points, Nifty settles at 22, 044 – Times of India

by The Technical Blogs


NEW DELHI: Benchmark equity indices Sensex and Nifty plunges on Tuesday. Sensex declined 361.64 or 0.50% to 72,470.30 while Nifty settled at 22,004.70 after it fell 92.05 or 0.42%.
Sensex and Nifty dropped sharply in early trade on Tuesday due to foreign fund outflows and a weak US market trend.
The Sensex fell 468.91 points to 72,363.03, while the Nifty declined by 149.2 points to 21,947.55.
Among the major losers in the Sensex were PowerGrid, Bharti Airtel, Wipro, and HDFC Bank, while Bajaj Finance, NTPC, and Larsen & Toubro were among the gainers.
In Asian markets, Tokyo and Shanghai were down, while Seoul and Hong Kong were up.
Wall Street closed lower on Monday.
Foreign Institutional Investors sold equities worth Rs 3,309.76 crore on Friday.
Indian bourses were closed on Monday for Holi.
Brent crude oil prices slightly decreased to $86.74 a barrel.


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