December 25, 2024 07:55 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Former home secy Ajay Kumar Bhalla appointed Manipur Guv amid ethnic violence resurgence | Five soldiers killed, several injured as Army truck falls into Poonch gorge | Allu Arjun quizzed by police in Pushpa 2 stampede case | Wanted Indian drug smuggler killed in the US | Congress leader files complaint against Allu Arjun for 'insulting police' in Pushpa 2: The Rule | Ahead of Jaishankar's US visit, foreign secretary Vikram Misri meets top US diplomats | India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people

Indian markets bleed on Friday: BSE Sensex plummets over 680 points

| | Nov 11, 2016, at 10:13 pm
Mumbai, Nov 11 (IBNS): The Indian markets crashed on Friday largely owing to profit booking, weak Asian cues and concerns over spike in interest rates in the US, according to media reports.

On Friday, the BSE Sensex was down 698.86 points or 2.5 percent at 26818.82 while NSE Nifty was down 229.45 points or 2.7 percent at 8296.30 .

Forty-nine of the 50 Nifty stocks were in the red.

All sectoral indices were in deep trouble on Friday

Mid-cap indices fell over three per cent.

Bank Nifty fell over two per cent while Realty index was down four per cent.

Sun Pharma and HDFC Bank were key gainers on Friday while Asian Paints, Adani Ports, Hero MotoCorp, ICICI Bank and HDFC ended as losers.

Long queues were noted across the country as people crowded to banks and ATMs on Friday to change their demonetised currencies and to collect the new currency and smaller notes.

 


 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.