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

Smartphone Use And An Increase In Social Isolation Point To Decline In Mental Health of Young Adults: Report

If you are a young adult and spend a lot of time on your smartphone that it may cause a rapid decline in your...

Inflation Is One of The Top Issues In World Wide: Ipsos

Inflation has shot up the rankings to be the number one global concern in April, according to Ipsos. In March, Inflation made the top...

Two Years After Infection, Half of People Hospitalised With Covid Have At Least One Symptom: Study

Two years after getting infected with COVID-19, half of people hospitalised with the infection have at least one symptom, a follow-up study by the...


Elon Musk Says Businesses And Governments Accounts Likely To Pay To Use Twitter

Elon Musk has said that businesses and governments may soon need to pay a “slight cost” to use Twitter just weeks after announcing he...

India Continue To Buy Russian Crude, Here Is The List Who Is Buying And Who Has Stopped

India has taken advantage of discounted prices to ramp up oil imports from Russia at a time when global energy prices have been rising. After...

Sensex Slips 460 Points, Nifty Ends Below 17,105

Indian indices at the weekend cleaned all the gains before closing lower, despite positive global cues. The week witnessed heavy turbulence due to multiple...