Closing bell: Sensex cracks by 1,145 points, PSU banks and IT worst hit
Video Credit: ANI - Duration: 01:20s - Published
Closing bell: Sensex cracks by 1,145 points, PSU banks and IT worst hit
Bears were on rampage at the bourses with frontline benchmark indices collapsing on Monday as traders resorted to heavy selling in auto, IT and public sector bank stocks.
Market experts said the rise in fuel prices across international markets followed by its reverberations in domestic markets along with higher inflation expectations dampened the investor sentiment.
Uptick in Covid-19 infections across Maharashtra and Kerala also led to profit booking by traders on a day of volatality.
The BSE SandP Sensex closed 1,145 points or 2.25 per cent down at 49,744 while the Nifty 50 edged lower by 306 points or 2.04 per cent to 14,676.
Except for Nifty metal, which moved up by 1.6 per cent, all other sectoral indices at the National Stock Exchange were in the red with Nifty IT and realty down by 2.8 per cent each, PSU bank by 2.6 per cent, pharma by 2.5 per cent and auto by 2.2 per cent.
Among stocks, Eicher Motors crashed by 5 per cent to Rs 2,453 per share while Mahindra and Mahindra sank by 4.7 per cent to Rs 837.90.
Maruti Suzuki skidded by 3.3 per cent to close at Rs 7,087.15 per share.
Tech Mahindra lost by 4.6 per cent, Dr Reddy's by 4.4 per cent, Axis Bank by 4 per cent, IndusInd Bank by 3.9 per cent and SBI Life by 3.8 per cent.
Index heavyweight Reliance Industries dipped by 3.8 per cent and wound up the day at Rs 2,000.10 per share.
However, metal stocks gained substantially with JSW Steel up by 2.3 per cent, Hindalco by 2 per cent and Tata Steel by 1.4 per cent.
Besides, Adani Ports, ONGC, HDFC Bank, Britannia, Hero MotoCorp and Asian Paints traded higher.
Travis Kelce , Makes First Onstage Appearance With, Taylor Swift.
On June 23, at the fourth of eight London
Eras Tour shows, Taylor Swift brought her all-star
boyfriend, Travis Kelce, on stage for the first time.
On June 23, at the fourth of eight London
Eras Tour shows, Taylor Swift brought her all-star
boyfriend, Travis Kelce, on stage for the first time.
Kelce appeared on the diamond walkway
at Wembley Stadium for his first-ever
onstage appearance with Swift.
Kelce appeared on the diamond walkway
at Wembley Stadium for his first-ever
onstage appearance with Swift.
Kelce performed alongside Swift for the intro
of 'I Can Do It With a Broken Heart' in the
new 'Tortured Poets' era of the show.
Normally, for the final transition of the show,
Swift is accompanied by two male dancers
who carry her to a heart-shaped couch. .
NBC reports that Kelce appeared in full
costume and showed off both his acting
and dancing skills while on stage.
The upbeat track from Swift's latest album
is reportedly about the wildly successful
Eras Tour and her breakup with
longtime partner Joe Alwyn in 2023. .
The upbeat track from Swift's latest album
is reportedly about the wildly successful
Eras Tour and her breakup with
longtime partner Joe Alwyn in 2023. .
The pair's high-profile relationship
has been going on for almost a year,
beginning with rumors last summer.
In September, the couple went public
with their relationships at a Kansas City
Chiefs game against the Chicago Bears.
According to NBC, Kelce had
already attended a number of
Swift's London Eras shows. .
Earlier this week, Swift posted a picture to Instagram of
her and Kelce with Prince William, Prince George and
Princess Charlotte, who also attended the June 20 show.
Earlier this week, Swift posted a picture to Instagram of
her and Kelce with Prince William, Prince George and
Princess Charlotte, who also attended the June 20 show
Credit: Wibbitz Top Stories Duration: 01:31Published
illegal encroachments outside IAS trainee Puja Khedkar's house are demolished amid intensifying legal action. The house and other properties were previously sealed by authorities following allegations of a fake OBC certificate. Puja Khedkar has accused police officials of trying to prove her guilty during the investigation. "I called the women police officials to my residence; they did not come on their own. Let the committee's report come out," she stated in Washim, Maharashtra.
#PujaKhedkar #IASTrainee #OBCCertificate #Maharashtra #PunePolice #PujaKhedkarnews #Oneindia #Oneindianews
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