Business
Feeling The Heat : Sensex, Nifty Faces The Brunt Due To Persistent foreign fund Outflows
The 30-share BSE Sensex tumbled 715.17 points or 0.85 per cent to 82,861.07 in late morning trade. The 50-share NSE Nifty tanked 209.9 points or 0.81 per cent to 25,473.40.
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Stock market benchmark indices Sensex and Nifty tanked nearly 1 per cent in late morning trade as persistent foreign fund outflows, concerns over further US tariffs on Indian exports and geopolitical developments dampened investors’ sentiment.
The 30-share BSE Sensex tumbled 715.17 points or 0.85 per cent to 82,861.07 in late morning trade. The 50-share NSE Nifty tanked 209.9 points or 0.81 per cent to 25,473.40.
From the 30-Sensex firms, Eternal, Adani Ports, Mahindra & Mahindra, Bajaj Finance, Bharat Electronics, Larsen & Toubro, Reliance Industries and Power Grid were among the biggest laggards. However, Trent, NTPC, Asian Paints and Tata Steel were among the gainers.