Sensex tanked 811.68 drops points
MUMBAI [Maha Media]: The BSE Sensex on Monday crashed by 811.68 pts to settle at 38,034.14 as selling was seen across the board amid weak global cues. The nifty of national stock exchange too fell by 282.75 pts at 11,222.20 pts. Asian shares slipped on Monday on worries about the global economic growth due to a resurgence of coronavirus infections in Europe.
That apart, fading hopes for US fiscal stimulus also weighed on the investor sentiment. The equity market remained under pressure for the third straight session today. The sensex opened in red at 38,812.69, fell by 33 pts. During the day, it was slumped nearly 907 pts to 37,938.53, days low, before closing at 38,034.14, down by 811.68 pts from its previous close.
The sectoral indices that tanked were Telecom, major loser down by 5.77 pc followed by Realty, Auto, Metal, FMCG and Health Care stocks fell between 4-5 pc. Pc In scrips, Indus Ind Bank, Bharti Airtel, Tata Steel, M& M and ICICI Bank tanked while Infosys and Kotak Bank rose.
The sensex registered days high and low at 38,990.76 and 37,938.53 pts respectively. The Nifty recorded days high and low at 11,535.25 and 11,218.50 pts respectively. The Mid Cap fell by 3.43 pc and Small Cap by 3.61 pc. In 30 scrips, 27 declined while 3 advanced.