The S&P BSE Sensex sank 1,710 points or 5.6 per cent to end the day at 28,869.51. IndusInd Bank continued to bleed and ended at Rs 460 apiece, down 24 per cent. Other bluechip financial names such as HDFC Bank, HDFC,
Bajaj Finance, and Axis Bank plunged up to 11 per cent. Investors lost around Rs 5.39 trillion today. In the past three days, they have lost Rs 15.1 trillion.
On the NSE, the benchmark Nifty breached 8,500 levels to end at 8,469 points with 44 constituents declining and just 6 advancing. Sectorally, all but Nifty Media ended in the red. Nifty Media ended at 1,158, up 4.50 points or 0.39 per cent. Nifty Private Bank index tumbled 7 per cent to 11,219 while Nifty Bank slid around 6 per cent to 20,854 levels.
Nifty50 closed lower at 8468.80 level, -498.25 points, or -5.560 per cent. Nifty Support : 8100 and 7900 Resistance : 8600 and 8700. as expected today we will try to break 7893 the low of December 2016. Stay away and keep watch.
Bajaj Finance, and Axis Bank plunged up to 11 per cent. Investors lost around Rs 5.39 trillion today. In the past three days, they have lost Rs 15.1 trillion.
On the NSE, the benchmark Nifty breached 8,500 levels to end at 8,469 points with 44 constituents declining and just 6 advancing. Sectorally, all but Nifty Media ended in the red. Nifty Media ended at 1,158, up 4.50 points or 0.39 per cent. Nifty Private Bank index tumbled 7 per cent to 11,219 while Nifty Bank slid around 6 per cent to 20,854 levels.
