Sensex Falls Over 250 Points, Nifty Below 11,900: 10 Things To Know

Business

Sensex Falls Over 250 Points, Nifty Below 11,900: 10 Things To Know

Nifty Bank and Nifty Financial Services indices weretrading 0.74 and 0.45 per cent lower respectively.

The domestic equity benchmarks extended losses on Friday, dragged by information technology (IT) stocks. The S&P BSE Sensex index fell as much as 298.34 points to touch an intraday low of 40,276 in afternoon deals, and the broader NSE Nifty benchmark declined to as low as 11,883.50, down 84.9 points. Losses in IT, banking and financial services shares pushed the markets lower. Asian shares, meanwhile, recovered from a three-week low though concerns over trade negotiations between China and the United States lingered.
Written by Anindita Ghosh