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Mkts Crash Over Spike In Crude Prices, FII Outflows
Hindustan Times Pune
|January 14, 2025
Equity benchmark Sensex cracked over 1,000 points to dive below the 77,000 level on Monday, tracking heavy selling in global equities and a spike in international crude prices.
MUMBAI: A strong US jobs data that dampened early rate cut expectations, the rupee logging its steepest single-day fall in nearly two years and unabated foreign fund outflows also dampened investors' sentiment.
Falling for the fourth straight session, the 30-share BSE benchmark Sensex tanked 1,048.90 points or 1.36% to finally settle at 76,330.01. During the day, it plunged 1,129.19 points or 1.45% to 76,249.72.
The NSE Nifty dropped 345.55 points or 1.47% to close at 23,085.95.
From the 30-share blue-chip pack, Zomato cracked nearly 7%. Power Grid, Adani Ports, Tata Steel, NTPC, Tata Motors, Tech Mahindra, Mahindra & Mahindra, Asian Paints, Sun Pharma and UltraTech Cement were the other major laggards.
Denne historien er fra January 14, 2025-utgaven av Hindustan Times Pune.
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