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Sensex tumbles 660 points amid widespread selloff, slips below 80k

Millennium Post Delhi

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New Delhi 26October2024

The rupee dives deeper by 1 paisa to settle near all-time low at 84.08 against the US dollar

Declining for the fifth straight session, equity benchmark Sensex on Friday plunged about 660 points to crash below the 80,000 level due to widespread selling pressure tracking massive foreign capital outflows and muted earnings growth.

Besides, deep losses in energy, consumer durable and industrial stocks and surging global crude prices amid geopolitical uncertainties added to the gloom, analysts said.

The BSE Sensex plummeted 662.87 points or 0.83 per cent to settle at 79,402.29.

A total of 3,101 stocks declined, while 841 advanced and 79 remained unchanged on the BSE.

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