The BSE Sensex tanked 1,064.12 points or 1.30% to close at 80,684.45. Likewise, Nifty50 crashed 332.25 points or 1.35% to end at 24,336. Index heavyweights HDFC Bank, Reliance Industries, and Bharti Airtel were the top contributors in dragging the benchmark indices lower.
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All major indices ended in red, however, Nifty Media managed to close flat with a slight positive bias. Nifty Bank, that tracks 12 public and private bank stocks, crashed 746.55 points or 1.39% to settle at 52,834.80.
Among Sensex’s 30 share pack, none of the stocks ended in green. The top losers in the 30-share index were Bharti Airtel (-2.83%), IndusInd Bank (-2.46%), JSW Steel (-2.40%), and TCS (-2.07%). Asian Paints, Bajaj Finserv, Reliance Industries, Larsen & Toubro, Nestle India, HDFC Bank, Maruti Suzuki India, Mahindra & Mahindra and Tata Steel followed, falling in the range 1.5-2%.
In the Nifty50 index, only Cipla and ITC ended in green. On the other hand, the top losers in the 50-share index were Shriram Finance (-5.27%), Grasim Industries (-3.21%), Hero MotoCorp (-3.01%), Bharti Airtel (-2.80%), and JSW Steel (-2.76%).
