Markets crash amid global rout; Sensex dives 867 points

Markets crash amid global rout; Sensex dives 867 points
Featured Times
Spread the love

[ad_1]

Equity benchmarks nosedived on Friday, with the Sensex crashing 866.65 points to close below the 55,000-mark amid a sell-off in global markets.

Unabated foreign fund outflows and firm crude oil prices also weighed on sentiment.

The 30-share BSE Sensex dived 866.65 points or 1.56 per cent to finish at 54,835.58. During the day, it tanked 1,115.48 points or 2 per cent to 54,586.75.

Similarly, the NSE Nifty tumbled 271.40 points or 1.63 per cent to settle at 16,411.25.

From the Sensex pack, Bajaj Finance, Axis Bank, Bajaj Finserv, Nestle, Wipro, HDFC, Infosys, HDFC Bank and UltraTech Cement were the major laggards.

In contrast, Tech Mahindra, PowerGrid, ITC, SBI and NTPC were among the gainers.

Elsewhere in Asia, markets in Hong Kong, Shanghai and Korea settled significantly lower, while Tokyo ended higher.

Exchanges in Europe were trading in the negative zone in the afternoon session.

Stock exchanges in the US had fallen sharply in overnight trade on Thursday.

“US markets witnessed a relief rally on Wednesday after FOMC meeting but it tumbled on Thursday due to more anxiety over rising interest rates,” said Mohit Nigam, Head – PMS, Hem Securities.

The Bank of England raised its key interest rate to the highest level in 13 years on Thursday.

“A steep crash in the US stocks as the market evaluated the need for a higher rate hike to tame elevated inflation levels wounded global markets with heavy selling. The Bank of England while raising its interest rates, warned about a possible risk of recession, aggravating investor fears,” said Vinod Nair, Head of Research at Geojit Financial Services.

Meanwhile, international oil benchmark Brent crude jumped 2.20 per cent to USD 113.3 per barrel.

Foreign institutional investors offloaded shares worth a net ₹2,074.74 crore on Thursday, according to stock exchange data.

[ad_2]

Source link

Tags:

98 thoughts on “Markets crash amid global rout; Sensex dives 867 points”

  3. We’ve teamed up with Pragmatic Play to licence their iconic brand Sweet Bonanza. Akun slot demo gratis tidak semata-mata hanya menjadi ajang bermain slot tanpa bayar saja. Ternyata main demo pragmatic play memiliki banyak manfaat yang paling dibutuhkan oleh semua pemain slot di seluruh bagian dunia. Berikut ini kami rangkum beberapa keuntungan yang bisa dirasakan oleh slotmania apabila sudah memiliki akun demo slot gratis. Demo slot, juga dikenal sebagai slot demo atau slot permainan gratis, adalah versi permainan mesin slot yang dapat Anda mainkan secara gratis, tanpa harus mempertaruhkan uang sungguhan. Demo slot biasanya tersedia di kasino online dan situs web game, dan mereka memungkinkan pemain untuk mencoba berbagai game slot dan merasakan gameplaynya sebelum mereka memutuskan apakah mereka ingin memainkan game tersebut dengan uang sungguhan.
    http://www.plcolor.co.kr/bbs/board.php?bo_table=free&wr_id=115235
    There are awesome bonuses with lot of spins which unlock some of the games. These free games, however, may not appeal to many people. Conventionally, slot machines are designed for a single user. But Slotomania qualifies as a social game because people can borrow or lend funds earned here to their friends or relatives. Likewise, they can also send gifts to others enabling those people to play some of the games without using any of their money. This possibility of interlinking is another reason people rank this game above other slot games that do not facilitate such social interactions. You want to download or update Slotomania Vegas Casino Slots and it takes forever for the download to start or for the app to be completely downloaded because it just won’t load. Many then desperately try to restart the download of Slotomania Vegas Casino Slots, but this does not lead to any useful result either.

  6. The free newsletter covering the top industry headlines Yahoo! is powered by Bing, so search results are incredibly similar between the two search engines. However, it’s still an important search engine in its own right, with over 600 million total monthly users. Tumblr: This is a social networking platform that allows for blogging microblogging and lots of customization. You can share photos, videos, music, links, GIFs, text, and lots of other multimedia on Tumblr. Tumblr is designed to bring social media users with similar interests together. Consider creating your own Tumblr page. Sprout Social. “The Most Important Social Media Metrics to Track.” Social listening is how social media marketers and social insights professionals track conversations around key topics, terms, brands, and more, using specialized software tools.
    http://www.prebee.com/bbs/board.php?bo_table=free&wr_id=18724
    The fact that Disney higher ups were funding these Republican campaigns and interest groups at all is telling of where the company really stands. While they are slowly introducing diverse characters in their shows and movies, they support politicians who intend to limit how LGBTQ+ people are represented in real life. The company has faced numerous controversies since its founding in 1923 by Walt and his brother Roy O. Disney. Allegations of perpetuating harmful stereotypes, sexism and even plagiarism have plagued the company for decades. Most recently, the actions of the company’s CEO, Bob Chapek, in the case of Florida’s Parental Rights in Education Act has thrown the company into further scandal. Disney is working to take out “boys and girls” in recorded park greetings in the company's push to promote gender inclusion.

Leave a Reply

Your email address will not be published. Required fields are marked *