Sensex plunges 433 points, Nifty settles at 11,178

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Business News

Aug 14, 2020

6:30PM

Sensex plunges 433 points, Nifty settles at 11,178

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Domestic equity benchmarks today plunged more than one percent, tracking negative global markets.

The 30-share BSE index, Sensex, settled 433 points or 1.13 per cent lower at 37,877. The broader NSE Nifty slumped 122 points or 1.08 per cent to close at 11,178.

In the broader market at BSE, the Mid-cap fell 1.02 percent and Small-cap slipped 0.61 percent.

Axis Bank was the top loser in the Sensex pack, falling around three per cent, followed by SBI, M&M, Bajaj Finance, ITC, HDFC Bank, HCL Tech and IndusInd Bank. On the other hand, Sun Pharma, NTPC, Tata Steel, Titan and Infosys were the gainers.

According to traders, key indices made a U-turn after trading on a positive note in the first half of the session following massive losses in European equities.