India's equity benchmark indices tumbled on Friday as after the four-day winning run. A global cascade of IT outages also spooked investors.
The Sensex began the session hitting a new high but gave up the gains. It ended at 80,605, with a decline of 739 points, or 0.9 per cent.
The Nifty50 hit an intraday high at 24,855, but ended the session at 24,531, with a drop of 270 points or 1.09 per cent.
Both indices ended the week with moderate gains of 0.1 per cent each. For both the indices this was their seventh consecutive week of gains, with the Nifty equalling its longest winning streak since December last year.
For the Sensex, this is the longest weekly winning streak since January 2021. The decline on Friday wiped out investor wealth worth ₹7.9 trillion.
هذه القصة مأخوذة من طبعة July 20, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة July 20, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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