Sensex tanks 575 points; Nifty skids below 17,700
Zee News
Declining for the third straight day, the 30-share Sensex slumped 575.46 points or 0.97 per cent to settle at 59,034.95. During the day, it tanked 633.06 points or 1.06 per cent to 58,977.35.
Mumbai: Equity benchmark Sensex tumbled over 575 points on Thursday, tracking heavy losses in index-heavyweights HDFC twins, TCS and Reliance Industries amid a weak trend in global markets.
Declining for the third straight day, the 30-share Sensex slumped 575.46 points or 0.97 per cent to settle at 59,034.95. During the day, it tanked 633.06 points or 1.06 per cent to 58,977.35.
The broader Nifty-50 also declined 168.10 points or 0.94 per cent to close at 17,639.55.
From the 30-share pack, Titan, HDFC, HDFC Bank, Wipro, TCS, Reliance Industries Limited, and Power Grid were the major laggards.
In contrast, Axis Bank, Hindustan Unilever, ICICI Bank, M&M, and Dr Reddy's were among the gainers.
