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Sensex Falls Nearly 400 Points Driven By Russia's Plan To Cut Gas Supply To Eastern Europe

Sensex Falls Nearly 400 Points Driven By Russia's Plan To Cut Gas Supply To Eastern Europe

NDTV
Wednesday, April 27, 2022 03:58:00 AM UTC

Indian equities fell on economic growth fears and news of a cut in Russian gas supplies to Eastern Europe adding to the sombre mood.

Indian benchmark indices fell on Tuesday as global economic growth fears pushed flight-to-safety trades and a rout in US stocks from news of a cut in Russian gas supplies to Eastern Europe had added to the sombre mood. 

The 30-share BSE Sensex 30-share index fell nearly 400 points to about 56,960 and the broader NSE Nifty slipped nearly 1 per cent to below 17,100 in early trade exchanges.

In the previous session, the Sensex index had jumped nearly 800 points to around 57,356, while the Nifty rose almost 1.5 per cent to about 17,200, after both the indexes had declined over 1 per cent on Monday.

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