Share Market News Today | Sensex, Nifty, Share Prices Highlights: Sensex and Nifty were trading with losses on Thursday, following weaker global cues on Thursday.
Sensex and Nifty erased over a week of gains as the nosedived over 2% today.
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Bringing their 10-day gaining spree to a screeching halt, BSE Sensex and Nifty 50 today tanked miserably and erased over a week of gains. Sensex dived down 1,066 points or 2,61% while Nifty gave up the 11,700 mark, which investors termed as crucial. Only Asian Paints remained in the green among all 30 Sensex stocks while all others slipped into the red. Bajaj Finance, Tech Mahindra were down over 4% each. IndusInd Bank, ICICI Bank, Kotak Bank, and SBI were down over 3% along with Reliance Industries.
BSE Midcap and Smallcap indices were down less than 2%, outperforming the benchmark. Volatility rose 9% to sit above 22 levels. Increasing lockdowns globally, delay in vaccine, and the limited stimulus at home and abroad are believed to have caused the sell off in stock markets today.