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Sensex slumps nearly 3,000 points in 5 days 10 updates on market selloff

Sensex slumps nearly 3,000 points in 5 days. 10 updates on market selloff Premium (Bloomberg) However, broader markets were flat today Share Via Read Full Story Indian stock market fell sharply today to extend losses to the fifth day. The Sensex fell as much as 588 points today to 46,821 at day s low, losing nearly 3,000 points in the five-day selloff amid weak global markets. The Nifty was today down about 1% to 13,834. However, the broader markets were today under lesser pressure with BSE midcap and smallcap indices trading flat in noon trade. Here are 10 updates from Indian markets: TRENDING STORIESSee All 1 min read 1 min read 2 min read

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Sensex ends 535 points lower, Nifty at 13,817; HDFC twins, HUL, Maruti top losers

Sensex ends 535 points lower, Nifty at 13,817; HDFC twins, HUL, Maruti top losers HUL, Maruti, HDFC Bank, PowerGrid, IndusInd Bank, HCL Tech and Bajaj Finserv were among the top losers. On the other hand, Axis Bank, SBI, ONGC and ICICI Bank were among the gainers BusinessToday.In | January 28, 2021 | Updated 19:26 IST Yesterday, Sensex ended 937 points lower at 47,409 and Nifty fell 271 points to 13,967 Benchmark indices saw correction for the fifth straight session on Thursday, the derivatives expiry day, ahead of Union Budget 2021. In line with weak global equities, Sensex ended 535 points lower at 46,874 and Nifty fell 149 points to 13,817. Yesterday, Sensex ended 937 points lower at 47,409 and Nifty fell 271 points to 13,967.

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Share Market News Live: Sensex drops 300 points, Nifty at 13,860; Bajaj Finserv, ONGC, NTPC top losers

Share Market News Live: Sensex drops 300 points, Nifty at 13,860; Bajaj Finserv, ONGC, NTPC top losers
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What Is Leading To Panic In Indian Markets? Global Selloff, GameStop Among 5 Big Factors

What is leading to panic in Indian markets? Global selloff, GameStop among 5 big factors The S&P BSE Sensex has broken below 47,000 levels, a fall of about 4,000 points from the high of 50,184 recorded on January 21. The Nifty50 has also fallen by about 1000 points from the high of 14,753. January 28, 2021 / 05:42 PM IST Indian market plunged for the fifth consecutive day on January 28, wiping out by about Rs 10 lakh crore of investor wealth on the BSE in a matter of days. The selloff comes days ahead of the Budget 2021, which will be tabled on February 1. The S&P BSE Sensex broke below 47,000 levels (intraday on January 28), a fall of about 4,000 points from the high of 50,184 recorded on January 21. The Nifty50 has also fallen about 1,000 points from the high of 14753.

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Sensex Crash Today: Dalal Street turns negative for 2021: Key factors behind the crash

Synopsis FII buying has been a mainstay of the current rally pushing it to record highs. But the selling in the market is now on expected lines as analysts had predicted some consolidation. At 9.55 am, BSE flagship Sensex was down 331 points or 0.69 per cent at 48,016. NEW DELHI: Selling continued in heavyweights Reliance Industries and financials, taking equity benchmarks further down on Wednesday, despite the US administration saying it would bring a stimulus package even without the opposition’s support. At intraday lows, both Sensex and Nifty gave up their entire gains of 2021 so far. FII buying has been a mainstay of the current rally pushing it to record highs. However, selling in the market is now on expected lines, as analysts had predicted some consolidation.

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