Closing Bell: Sensex tanks 1416 points, Nifty at 15809.40

Published On: Thursday, May 19, 2022 | By:

Closing Bell: Sensex tanks 1416 points, Nifty at 15809.40

At close, the Sensex was down 1,416.30 points or 2.61% at 52,792.23, and the Nifty was down 430.90 points or 2.65% at 15,809.40, ending lower for the second consecutive session on May 19 tacking a sharp global selloff since June 2020. HCL Technologies, Reliance Industries (RIL), Infosys, and Tata Consultancy Services (TCS) were the top Sensex losers. On the flip side, ITC and Dr.Reddy’s Laboratories settled in the positive territory, About 838 shares have advanced, 2413 shares declined, and 122 shares are unchanged. The BSE MidCap index declined 2.6 percent while the BSE SmallCap index fell 2.3 percent. Sectorally, all the indices drowned in losses with metal falling 4 percent. The Nifty IT index plunged 6 percent on the NSE today after global brokerage JPMorgan downgraded the sector to "underweight".

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: