March 28, 2024 22:16 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Actor Govinda returns to politics after 14 years of 'vanvas', joins Eknath Shinde camp | 'To browbeat and bully others is vintage Congress culture': PM posts after 600 lawyers write to CJI | Comments on our electoral, legal processes completely unacceptable: India on US' remarks over Kejriwal arrest | Delhi High Court rejects PIL seeking removal of Arvind Kejriwal as CM | MHA extends AFSPA in 3 districts of Arunachal Pradesh for 6 months
Sensex falls more than 200 points, Nifty dips to 11,600

Sensex falls more than 200 points, Nifty dips to 11,600

India Blooms News Service | @indiablooms | 22 Oct 2019, 08:52 am

Mumbai: In the afternoon trade, domestic benchmark indices dipped to the lowest point with Sensex falling more than 200 points and Nifty touching 11,600.

The markets surged in the early trade, after a setback amid volatile trade for a short while.

Sensex had risen by 128.09 points to touch 39,426.47 while the broader NSE had climbed 52.5 points to reach 11,714.35.

On the Nifty 50, as many as 40 stocks made gains in the afternoon trade with Yes Bank, ICICI Bank, Grasim Industries, Hero MotoCorp and Titan taking the lead.

Sensex also reflected a similar picture with Yes Bank, ICICI Bank and Hero MotoCorp occupying the top three positions followed by ITC and Sun Pharma.

All sector gauges made gains on National Stock Exchange except IT, which had shown god performance earlier.

The notable decline recorded on the stock markets was that of Infosys, which fell 14% after a whistleblower complained of unethical practices in the company.

Asian markets traded cautiously and made slight gains amid hopes of a positive outcome from the US-China trade deal.

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.