Sensex tanks 246 points in early trade amid weak Asian markets
The Hindu
The broader NSE Nifty declined 79.7 points to 16,443.05.
Equity benchmarks continued to fall for the third day running on Thursday, June 2, 2022, with the Sensex tanking 246 points in early trade, amid weak Asian markets.
The 30-share BSE Sensex was trading 246.06 points lower at 55,135.11.
From the Sensex pack, Power Grid, Larsen & Toubro, Bharti Airtel, ITC, Hindustan Unilever and HDFC were the biggest laggards.
In contrast, Reliance Industries, TCS, IndusInd Bank and State Bank of India were among the major gainers.
Elsewhere in Asia, markets in Tokyo, Hong Kong and Seoul were trading lower, while Shanghai quoted inthe green.
Stock markets in the US had ended lower on Wednesday.
The Sensex declined 185.24 points or 0.33 per cent to settle at 55,381.17 on Wednesday. The Nifty dipped 61.80 points or 0.37 per cent to finish at 16,522.75.