Stock markets continue to fall, Sensex falls 634 points and falls below 60,000 points Stock markets continue to fall, Sensex breaks 634 points and falls below 60,000 points

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sensex

Highlights

  • Nifty closed at 17,757.00 with a dive of 181.40 points
  • Bajaj Finserv was the biggest loser with a decline of 4.57 percent
  • Major European markets remained under selling pressure in afternoon trade

Mumbai. Domestic stock markets fell for the third consecutive day on Thursday and the BSE Sensex closed below the 60,000 mark with a dive of 634 points. The market came down with losses in index heavyweights Infosys, TCS and Reliance Industries. According to traders, continued capital outflows of foreign institutional investors (FIIs) from the domestic market also weighed on the sentiment. The 30-share BSE Sensex closed at 59,464.62, down 634.20 points, or 1.06 per cent.

Similarly, the Nifty of the National Stock Exchange closed at 17,757.00 with a jump of 181.40 points, or 1.01 per cent. Bajaj Finserv was the biggest loser with a decline of 4.57 per cent in Sensex shares. Apart from this, Infosys, TCS, Sun Pharma, HCL Tech, HUL, Dr Reddy’s, HDFC and Reliance Industries were the main losers. On the other hand, the gainers include Power Grid, Bharti Airtel, Asian Paints, Maruti and ICICI Bank.

In other Asian markets, Hong Kong’s Hang Seng, South Korea’s Kospi and Japan’s Nikkei were among the gainers, while the Shanghai Composite Index in China ended with losses. Major European markets were under selling pressure in afternoon trade. According to stock market data, FIIs sold shares worth Rs 2,704.77 crore on Wednesday.

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