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.
この記事は Business Standard の July 20, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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この記事は Business Standard の July 20, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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