Sensex snaps 10-session rally, crashes 1,066 pts amid global selloff; investors lose Rs 3.25 lakh cr
Snapping its 10-session winning run, equity benchmark Sensex plunged 1,066.33 points on Thursday as investors pressed the exit button amid a massive selloff in global markets.
Equity benchmarks closed with modest gains after a choppy session on Wednesday, propped up by buying in select finance and banking stocks amid mixed cues from global markets.
Domestic equity benchmark Sensex crashed 634 points on Friday, tracking losses in index majors Reliance Industries, HDFC and Infosys amid a selloff in global equities.
Snapping its five-session winning run, equity benchmark Sensex dropped 59 points on Wednesday, dragged by losses in Infosys, HUL and HDFC Bank amid weak cues from global markets.
Equity benchmark Sensex advanced by about 180 points on Monday, led by gains in financial stocks, in contrast with the global peers.
Equity benchmark Sensex rebounded from a sharp selloff in early trade to finish 243 points higher on Friday, led by strong gains in Reliance Industries and a rebound in European markets.
Benchmark Sensex on Tuesday tumbled 414 points to settle near the day's lowest level due to a broad-based selloff as an uncertainty about economic revival amid mounting COVID cases in the country hung heavy on investor minds.
Equity benchmark Sensex on Monday tumbled about 470 points, dragged by losses mainly in index heavyweights HDFC twins, RIL and ICICI Bank as investors weighed the possibility of a lockdown extension amid mounting COVID-19 cases in the country.