Business News
Home > Business News
All In Red: Sensex tanks 2,700 points, Nifty below 9,200
TIWN
TIWN

PHOTO : TIWN
Mumbai, March 17 (TIWN) Coronavirus fears continued to cause mayhem in the stock markets as the BSE Sensex ended over 2,700 points lower and the Nifty50 on the National Stock Exchange (NSE) settled below the 9,200 mark.
Dalal Street was buzzing with speculation of an inter-meeting rate cut by the RBI after Governor Shakitkanta Das called a press conference at 4 PM amid widespread calls for a rate cut following similar steps by the world's leading central banks, reported PTI.
All Sensex components ended in the red. IndusInd Bank was the top loser, skidding 17.50 percent, followed by Tata Steel (11.02 percent), HDFC (10.94 percent), Axis Bank (10.38 percent) and ICICI Bank (9.96 percent).
Add your Comment
Comments (0)
More Business News
- Sensex surges over 1,000 points as geopolitical worries ease
- Bernstein projects Rs 1,100 price target for Paytm with clear path to profitability and growth
- Siemens’ net profit drops over 37 pc to Rs 408 crore in March quarter
- Delhi, Mumbai airport operations normal; security checks taking longer
- Adani Green becomes world’s 1st renewable energy IPP to turn water positive