Markets turn topsy-turvy; Sensex, Nifty slump nearly 1%
The Free Press Journal|October 05, 2024
BEAR GRIP | Sensex tumbles 808.65 pts; Nifty slumps 200.25 pts

Equity benchmark indices Sensex and Nifty slumped nearly 1 per cent in a topsy-turvy trading session on Friday, dragged by intense selling in FMCG, auto and energy stocks amid escalating tensions in West Asia and persistent foreign capital outflows.

Besides, a spike in global crude prices on supply uncertainty due to geopolitical tensions dented market sentiments, traders said.

Falling for the fifth day running, the BSE Sensex tumbled 808.65 points or 0.98 per cent to settle at 81,688.45. The benchmark hit a low of 81,532.68 and a high of 83,368.32 during the day, reflecting a wild swing of 1,835.64 points.

The NSE Nifty slumped 235.50 points or 0.93 per cent to 25,014.60. Intra-day, it hit a low of 24,966.80 and a high of 25,485.05.

Diese Geschichte stammt aus der October 05, 2024-Ausgabe von The Free Press Journal.

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