Clcosing Bell: Sensex tanks 1017 points, Nifty at 16201.80


Published On: Friday, June 10, 2022 | By:

Clcosing Bell: Sensex tanks 1017 points, Nifty at 16201.80

At Close, Sensex is down 1,017 points or 1.84 percent, closed at 54303.44, and Nifty is down 276 points or 1.68 percent and closed at 16201.80, as investors fretted over longer-than-expected sticky inflation, coupled with aggressive monetary policy tightening. Kotak Mahindra Bank, Bajaj Finance, Housing Development Finance Corporation (HDFC), Reliance Industries Ltd (RIL), Wipro, Infosys, and Tech Mahindra were among the top BSE Sensex losers. On the flip side, Asian Paints, UltraTech Cement, Dr. Reddy’s Laboratories, Titan Company, IndusInd Bank, and Nestle India were among BSE Sensex gainers. On the sectoral front, the Nifty Bank index lost 1.7 percent to settle at 34,484. Sectorally, all but Nifty FMCG ended the session in the red. The losses were led by the Nifty IT, Oil & Gas, Private Bank, and Financial Services indices as they fell 2 percent each. India VIX, the volatility index, was up 2.3 percent to finish at 19.6 levels.

We are on Telegram!

Telegram Logo

JOIN our telegram channel to receive updates on Financial News and Stock and FNO Tips.

Click Here!

Follow Us On: