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Sensex-Nifty

Indian market: Sensex crashes by 839.02 pts

| @indiablooms | Aug 31, 2020, at 10:40 pm

Mumbai/UNI: Snapping six days rally, the BSE Sensex on Monday nosedived by 839.92 points at 38,628.29 after the news that Chinese troops carried out provocative military movements in Eastern Ladakh.

The Nifty of National Stock Exchange slipped by 260.10 points to 11,387.50.

The Nifty recorded days high and low at 11,794.25 and 11,325.85 points respectively.

High oscillation was witnessed during the day, as the Sensex opened on a strong note at 39,888.15, up by 421 points. It spurted by 543 points to 40,010.17, days high. As soon as the news came as Chinese troops carried out provocative military movements in Eastern Ladakh it slumped by nearly 1072 points to 38,395.89, days low, and settled at 38,628.29, sliding by 839.02 points from its previous close.

The sectoral indices that heavily down were Materials, Health care, Realty, Utilities and Consumer Discretionary Goods and services between three to five per cent.

In scrips, Sun Pharma was a top loser down by more than seven per cent followed by SBI, Bajaj Finance, Bajaj Finserv and NTper cent.

Only, ONGC and TCS were seen positive.

The Mid Cap slipped by 3.79 per cent and Small Cap by 4.37 per cent.

In 30 scrips, 2 advanced while 28 declined.  

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