Sensex falls over 250 points in early trade; Nifty drops below 11,300 - Hindustan Times
close_game
close_game

Sensex falls over 250 points in early trade; Nifty drops below 11,300

Mumbai | ByPress Trust of India | Posted by Prashasti Singh
Sep 09, 2020 10:08 AM IST

ONGC was the top loser in the Sensex pack, shedding around 3 per cent, followed by Tata Steel, SBI, NTPC, ITC and Bajaj Finserv.

Domestic equity benchmark Sensex tumbled over 250 points in early trade on Wednesday tracking losses in index-heavyweights HDFC Bank, ICICI Bank and ITC amid intense selloff in global markets.

The 30-share BSE index was trading 255.26 points or 0.67 per cent lower at 38,110.09; while the NSE Nifty dropped 79 points or 0.70 per cent to 11,238.35.
The 30-share BSE index was trading 255.26 points or 0.67 per cent lower at 38,110.09; while the NSE Nifty dropped 79 points or 0.70 per cent to 11,238.35.

The 30-share BSE index was trading 255.26 points or 0.67 per cent lower at 38,110.09; while the NSE Nifty dropped 79 points or 0.70 per cent to 11,238.35.

Hindustan Times - your fastest source for breaking news! Read now.

ONGC was the top loser in the Sensex pack, shedding around 3 per cent, followed by Tata Steel, SBI, NTPC, ITC and Bajaj Finserv.

On the other hand, Reliance Industries, Asian Paints, Infosys and Tech Mahindra were among the gainers.

In the previous session, Sensex ended 51.88 points or 0.14 per cent lower at 38,365.35; while the NSE Nifty slipped 37.70 points or 0.33 per cent to 11,317.35.

Exchange data showed that foreign institutional investors sold equities worth Rs 1,056.52 crore on a net basis on Tuesday.

Domestic equities opened on a negative note tracking weak cues from global equities after late-stage studies of AstraZeneca’s COVID-19 vaccine candidate were put on temporary hold, traders said.

The company is in the process of investigating whether a recipient’s “potentially unexplained” illness is a side effect of the shot.

Bourses in Shanghai, Hong Kong, Seoul and Tokyo were trading with intense losses in mid-session deals.

Stock exchanges on Wall Street witnessed massive selloff in overnight sessions.

Global oil benchmark Brent crude was trading 0.90 per cent lower at USD 39.42 per barrel.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Thursday, March 28, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On