Sensex nosedives over 1,000 points in early trade; Nifty tanks below 16,700
The Hindu
There has been a selloff in global markets as concerns over rising Omicron cases spooked investors
Equity benchmark Sensex plummeted over 1,000 points in early trade on December 20, tracking across-the-board losses amid a selloff in global markets as concerns over rising Omicron cases spooked investors.
Persistent foreign fund outflow too weighed on investor sentiment.
The 30-share index slumped 1,028.61 points or 1.80% to 55,983.13 in the opening trade. Similarly, the Nifty tanked 307.50 points or 1.81% to 16,677.70.
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