January 27, 2022 20:47 (IST)
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Indian Market: Sensex slumps 949.32 pts; Nifty closes at 16,912.25 Sensex
Image credit: UNI

Indian Market: Sensex slumps 949.32 pts; Nifty closes at 16,912.25

India Blooms News Service | @indiablooms | 06 Dec 2021, 07:38 pm

Mumbai/UNI: The BSE Sensex on Monday plunged by 949.32 points to settle below 57K at 56,747.14 as investors showing caution following uncertainty due to the Omicron variant and the RBI monetary policy committee meeting to be held on December 8.

The Nifty of National Stock Exchange (NSE) too fell 284.45 pts at 16,912.25.

Selling was witnessed across the board.

Slumping by 764 pts on Friday, the day opened in green at 57,778.01, up 82 pts. It added three points to 57,781.46, days high.

Later, it was plunged 1009 pts to 56,687.65, days low before closing at 56,747.14, down 949.32 pts from its previous close.

The Sensex registered days high and low at 57,781.46 and 56,687.65, respectively.

The Nifty recorded days high and low at 17,216.75 and 16,891.70 pts respectively.

The sectoral indices like IT, Technology, Telecom, Energy and Realty were main draggers.

IT and Technology slipped by 2.49 and 2.44 pc respectively. Telecom and Energy fell by 1.98 and 1.92 pc respectively.

Even, Realty too fell by 1.67 pc.

In scrips, IndusInd Bank was a major loser down by 3.75 pc to Rs 915.55, followed by Bajaj Finserv by 3.43 pc to Rs 16,894.80, Bharti Airtel by 2.96 pc to Rs 697.10, HCL Technology by 2.94 pc to Rs 1136.60 and TCS by 2.89 pc to Rs 3534.35.

The Mid Cap and Small Cap declined by 1.35 pc each.

All 30 scrips were down today.

In Asian Market, Hang Seng fell 1.7 per cent and Shanghai Composite by 0.5 per cent.

Similarly, Nikkei too eased 0.4 per cent.