Sensex tumbles 300 pts; Nifty ends below 16,500
The Hindu
HUL, Asian Paints, Nestle India and Bajaj Finance were among the gainers
Equity benchmark Sensex slumped 300 points on August 20, tracking losses in index majors Tata Steel, Reliance Industries and Kotak Bank amid a heavy sell-off in global equities. The 30-share index ended 300.17 points or 0.54% lower at 55,329.32, while the broader NSE Nifty declined 118.35 points or 0.71% to 16,450.50. Tata Steel was the top loser in the Sensex pack, plunging over 8%, followed by SBI, Dr Reddy’s, Kotak Bank, Sun Pharma, Bajaj Auto and L&T.
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