fbpx
  Previous   Next
HomeBusinessSensex Plunges Over 430 Points, Nifty Down At 17,135

Sensex Plunges Over 430 Points, Nifty Down At 17,135

The share market is heading for a fourth straight session of declines on Monday, with all sectors in the red as the Russia-Ukraine standoff continued to dampen risk sentiment.

In early morning trade, the NSE Nifty 50 index fell 0.82 per cent or 141.25 points to 17,135.05, while the S&P BSE Sensex was down 0.75 per cent at 57,398.98. If losses hold, both indexes will record their fourth day of declines in a row.

Offering a measure of relief, however, US President Joe Biden and Russia’s Vladimir Putin agreed in principle to hold a summit on Ukraine. The news boosted Wall Street futures and helped wider Asian shares pare sharp early losses, according to Reuters report.

In India, all major Nifty sub-indexes were trading in the red and 47 of the 50 stocks on the Nifty 50 index slipped early on Monday.

Shares of InterGlobe Aviation INGL.NS fell more than 2 per cent after co-founder Rakesh Gangwal resigned from the board of directors of the IndiGo airline operator and said he will cut his stake slowly in the next five years.

More News

Consumption of Dietary Beverages Increase Cardiovascular Disease Risk: Study

A new study has found a link between consuming artificial sweeteners, in dietary beverages, and increased cardiovascular disease risk like stroke. Artificial sweeteners like aspartame,...

Coronavirus: India Reports 6,093 New Covid Cases, 31 Deaths

India reported 6,093 new Covid infections in the past 24 hours against 6,395 cases on the previous day, the Union Health Ministry said on...

Natural Manuka Honey May Help Cure Drug-Resistant Lung Infection

A combination of natural manuka honey with a widely used drug can treat a lethal lung infection and greatly reduce side effects of one...

RELATED NEWS

Work From Home For Maximum Period of One Year In Special Economic Zone: Ministry of Commerce

As per the Commerce Ministry, Work from home (WFH) is allowed for a maximum period of one year in a special economic zone unit...

No GST Will Be Levied On Lentils, Rice, And Flour Including 9 Other Items: FM

Finance Minister Nirmala Sitharaman on Tuesday gave a list of food items that are exempted from GST, provided they are sold loose and not...

Sensex Surges 760.37 Points, Nifty Settles At 16,278.50

The stock market hit a one-week high on Monday. At close Sensex surged 760.37 points or 1.41% at 54,521.15, and the Nifty jumped 229.30...