Sensex tanks 627 points to close below 50,000 mark, HDFC twins crash about 4%
The Hindu
BSE Sensex ends lower by 627.43 points or 1.25% at 49,509.15; NSE Nifty slumps 154.40 points or 1.04% to close at 14,690.70
Equity benchmark Sensex tanked 627 points to close below the 50,000 level on March 31 due to heavy profit booking in HDFC twins, Reliance Industries and Infosys amid concerns over resurging coronavirus cases. The 30-share BSE index ended lower by 627.43 points or 1.25% at 49,509.15 with 19 of its constituents ending in the red. The broader NSE Nifty slumped 154.40 points or 1.04% to close at 14,690.70.
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