Sunday, February 16, 2025
12.8 C
Srinagar

Sensex crashed by 2526 pts till noon

Mumbai, Mar 12 : The BSE Sensex on Thursday till noon slipped by 2526.22 points to 33,171.18 points and Nifty too losing ground by 750.40 points in line with global markets after the World Health Organisation declared the coronavirus outbreak a “pandemic”.
The Sensex dropped by 1225 points to open at 34,472.50.
The Nifty of National Stock Exchange (NSE) too declined by 419 points to 10,039.75.
The sectoral indices that plummeted were Materials, Consumer Discretionary Goods and Services, Energy, FMCG, Finance, Industrilas and IT upto 8.34 per cent.
In scrips, Axis Bank was worse hit, down by 11.21 per cent followed by HeroMoto Corp by 9.67 per cent to Rs 1840.25, SBI by 9.16 per cent to Rs 222, M & M by 9.40 per cent to Rs 410 and Bajaj Finance by 8.84 per cent to Rs 3674.
Banking stocks were adversely hit as Canara Bank by 13.42 per cent, Syndicate Bank by 12.98 per cent, Bank of Baroda by 11.38 per cent, Oriental Bank of Commerce by 11.34 per cent, Punjab National Bank by 11.3 per cent , Bank of India by 11.18 per cent, Union Bank of India by 10.79 per cent and SBI by 9.62 per cent.

In the broader market, the S&P BSE MidCap index slumped 670 points, or 5 per cent, and the S&P BSE SmallCap was down 670 points, or 5.3 per cent.
The carnage on Dalal Street eroded investor wealth worth Rs 8,56,689.62 crore, taking the total market capitalisation (m-cap) to Rs 1,28,56,869.10 crore on the BSE.
(UNI)

Hot this week

Art 370 was temporary provision, Ambedkar refused to draft it: Vice-Prez Dhankar   

Nationalism our identity, prioritize it above everything elseJ&K no...

Class 10th students of Islamic Global School get respite, Govt to allow 22 students to appear in exams: Edu Minister 

Srinagar : Jammu and Kashmir Education Minister Sakina Masood...

Hands on Training on Advanced Techniques in Industrial Microbiology Concludes at IIIM Srinagar

Srinagar: The Hands on Training Program on Advanced Techniques...

Mirwaiz Umar Farooq condemns termination of three Govt employees and Crackdown on Islamic Literature

Srinagar: Mirwaiz Umar Farooq on Saturday condemned the termination...

Doctor Suspended for Extracting Healthy Tooth Instead of Infected One

Srinagar: Principal, Dental College Srinagar, Dr. Ajaz Shah, has...

Topics

Art 370 was temporary provision, Ambedkar refused to draft it: Vice-Prez Dhankar   

Nationalism our identity, prioritize it above everything elseJ&K no...

Hands on Training on Advanced Techniques in Industrial Microbiology Concludes at IIIM Srinagar

Srinagar: The Hands on Training Program on Advanced Techniques...

Mirwaiz Umar Farooq condemns termination of three Govt employees and Crackdown on Islamic Literature

Srinagar: Mirwaiz Umar Farooq on Saturday condemned the termination...

Doctor Suspended for Extracting Healthy Tooth Instead of Infected One

Srinagar: Principal, Dental College Srinagar, Dr. Ajaz Shah, has...

IIAS-DARPG India International Conference 2025 concludes

New Delhi: The IIAS-DARPG India International Conference 2025, convened...

LG Sinha Addresses Convocation Ceremony of Shri Mata Vaishno Devi University

Katra: Lieutenant Governor Manoj Sinha today addressed the Convocation Ceremony...
spot_img

Related Articles

Popular Categories

spot_imgspot_img