Closing Bell: Sensex crashes 1456 points, Nifty at 15774.40

Published On: Monday, June 13, 2022 | By:

Closing Bell: Sensex crashes 1456 points, Nifty at 15774.40

At Close, the Sensex was down 1,457 points or 2.68% at 52,846.70, and the Nifty was down 427.40 points or 2.64% at 15,774.40, as investors across the world shunned risky assets. The havoc comes after May's US inflation print, at a 40-year high of 8.6 percent, reignited fears that central banks will be forced into aggressive monetary policy tightening. Nestle India was the only Nifty company that ended 0.5% higher. The top laggards were Bajaj Finserv, IndusInd Bank, Bajaj Finance, Hindalco, Tech M, Tata Motors, ICICI Bank, Adani Ports, NTPC, and TCS. In the broader markets, the Nifty MidCap 100 and SmallCap 100 declined 2.9 percent and 3.8 percent, respectively. Sectorally, all the indices sunk on the NSE with the Nifty IT and Media indices sliding 4 percent each, and the Nifty Bank tanking over 3 percent

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