Sensex tumbles 690 points, Nifty drops below 10,800

Written by Newsroom Staff December 21, 2018 18:07

New Delhi: Amid heavy sell-off in the equity markets, the benchmark indices witnessed heavy slump with BSE Sensex plunging by over 1.80 percent.

The sell-off was mainly triggered by fears of falling rupee and low economic growth next year.

Sensex drops 155 points, Nifty closes 62 points down
The BSE Sensex tumbled 689.60 points to 35,742.07, while NSE Nifty slipped 197.70 points to 10,754.

The BSE Sensex tumbled 689.60 points to 35,742.07, while NSE Nifty slipped 197.70 points to 10,754.

The biggest losers of the session include Reliance, Infosys, TCS, ICICI Bank, HDFC twins, ITC, Maruti, L&T, HUL, Axis Bank, Wipro and IndusInd Bank, cracking up to 4 per cent.

stock exchange SENSEXAs many as 40 stocks hit 52-week lows on NSE. The list includes names such as BSE, DSM Ltd and Khadim’s India. On the other hand, 8 counters hit one-year high.

However, investors booked profits in realty, banking, IT and auto bluechips amid weak signals from global markets.