Indian Market: Sensex crashed over 1500 pts

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Mumbai, May 4 — The benchmark index of Bombay Stock Exchange nosedived by 1503 points to 32,214.42, in opening session, snapping a winning streak of last four sessions on Monday, tracking weak global cues following a tension erupted between US-China.

Even, extension of the nation-wide lockdown also weighed down the investor sentiment.The Nifty of national stock exchange too eased by 413.45 points to 9446.45.The nifty registered intra days high and low at 9,533.50 and 9,425.60 respectively.The Sensex registered intra days high and low at 32,748.14 and 32,214.42 points respectively.Shares of banks, metals, and automobile companies were the worst-hit in the fallbetween five to seven per cent.The losers were Indus Ind Bank by 8.06 pc to Rs 430.30, ICICI Bank by 8.05 pc to Rs 349.30, Tata Steel by 8.01pc to Rs 274.55, Bajaj finance by 7.96 pc to Rs 2132.60 and Tech Mahindra by 507.75.Asian indices fell in thin early trade.Australia’s benchmark ASX 200 index fell 0.3 per cent while Hong Kong dropped over 3 per cent. South Korea’s Kospi slipped over 1 per cent.Brent crude futures were down 3.4 per cent at USD 25.54 a barrel.For any query with respect to this article or any other content requirement, please contact Editor at contentservices@htlive.com
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