Market sways into red
Financial Express Mumbai|December 21, 2023
Benchmarks' worst session in over a year erodes ₹8.93 trillion
SIDDHANT MISHRA & JOYDEEP GHOSH

SENSEX SHEDS 930 POINTS AFTER BUOYANT START

AFTER RUNNING UP by over 8% in the past month, benchmark indices - the BSE Sensex and Nifty - fell sharply by over 1.3% on Wednesday on profitbooking and fresh fears due to emergence of a new Covid variant.

The Sensex closed at 70,506 points, down 930 points, while the Nifty fell 302 points to close at 21,150- the highest in over a year (number of points).

Interestingly, both the indices opened on a buoyant note hitting fresh all-time highs.

HOWEVER, IN THE last three hours of trading, things went downhill. Both the indices fell around 2% from the day's highs. The mid-cap and small cap indices took a bigger hit by falling over 3%. The total loss in investor wealth was 8.93 trillion-the highest in 22 months.

هذه القصة مأخوذة من طبعة December 21, 2023 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 21, 2023 من Financial Express Mumbai.

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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