Markets tank nearly 1 pc amid widespread sell-off; Sensex slips below 82K
Equity benchmark indices Sensex and Nifty resumed their downward journey to end nearly 1 per cent lower on Friday, weighed down by widespread sell-off and the rupee hitting a record low against the US dollar.
Besides, investors rushing to safe-haven assets and unabated foreign capital outflows in the absence of domestic triggers dampened investor confidence, traders said.
In a cautious trade, the 30-share BSE Sensex tumbled 769.67 points, or 0.94 per cent, to close at 81,537.70. During the day, the index slumped 835.55 points, or 1.01 per cent, to hit an intraday low of 81,471.82
Loading ...