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Business Economy

Sensex falls 674.36 pts

Sensex falls 674.36 pts

Mumbai, Apr 3 (UNI) The BSE Sensex on Friday tanked further 674.36 pts to settle at 27,590.95 on heavy selling in finance, bankex, IT and metal stocks amid negative global cues.

The Nifty of National Stocks Exchange too declined 170 points to 8,083.80.

Indian equity market along with world Market fell as there was no sign of abatement covid-19 cases. Impact of

ongoing 21 days lockdown was also seen in the market.

The whole session the market remained in red as the Sensex eased 217 pts to 28,048 in opening trade. During the day, it lost the ground by nearly 765 points before closing at 27,590 sliding by 674.36 pts from its previous close.

The Nifty recorded day's high and low at 8,356.55 and 8,055.80 points respectively.

With this, the sensex was down by 2277 points in couple of sessions.

The sectoral indices that kept the market down were bankex, finance, Metal and IT.

In scrips Axis Bank, ICICI bank, SBI bank and maruti suzuki fell while Sun Pharma, ITC, ONGC, tech Mahindra and M& M rose that restricted from further decline, broker said.

Of 30 scrips, 22 declined while 8 rose.

The mid cap fell by 1.17 pc and small cap by 1.03 pc.

On weekly basis, sensex slumped 7.46 pc while NSE by 6.65 pc.


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