MUMBAI: Benchmark equity indices Sensex and Nifty crashed 1.6 per cent on Monday due to an across-the-board selloff, as concerns over third-quarter earnings growth and the continued flight of foreign capital sapped risk appetite.
Besides, traders said that the new HMPV scare, depreciating rupee and weak trend in Asian markets further weighed on sentiment.
Extending loss for the second straight session, the 30-share BSE benchmark Sensex tanked 1,258.12 points or 1.59 per cent to close below the 78,000 level at 77,964.99.
As many as 3,474 stocks declined, 656 advanced and 114 remained unchanged on the BSE.
The NSE Nifty slumped 388.70 points or 1.62 per cent to 23,616.05.
The market capitalisation of BSE-listed firms dived Rs 10,98,723.54 crore to Rs 4,38,79,406.58 crore ($5.11 trillion).
This story is from the January 07, 2025 edition of Millennium Post Kolkata.
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This story is from the January 07, 2025 edition of Millennium Post Kolkata.
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