Closing bell: Sensex crashes by nearly 1,100 points; Nifty too closes in red

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Updated on Sep 16, 2022 04:10 PM IST

From the Sensex pack, Tech Mahindra and UltraTech Cement fell over 4 per cent each, emerging as the major laggards. Among others to settle in the negative territory were Infosys, Mahindra & Mahindra, Wipro, TCS, Nestle and Reliance Industries.

People watch the Sensex on a screen outside Bombay Stock Exchange (BSE) in Mumbai.(PTI file)
People watch the Sensex on a screen outside Bombay Stock Exchange (BSE) in Mumbai.(PTI file)

Benchmark indices faced severe drubbing on Friday, with the Sensex and Nifty falling nearly 2 per cent each amid feeble global market trends.

Foreign fund outflows and fears of recession in the global economy have dented investor sentiments.

Falling for the third day in a row, the 30-share BSE Sensex tanked 1,093.22 points or 1.82 per cent to settle at 58,840.79. During the day, it tumbled 1,246.84 points or 2 per cent to 58,687.17.

The NSE Nifty declined 346.55 points or 1.94 per cent to close at 17,530.85.

From the Sensex pack, Tech Mahindra and UltraTech Cement fell over 4 per cent each, emerging as the major laggards.

Among others to settle in the negative territory were Infosys, Mahindra & Mahindra, Wipro, TCS, Nestle and Reliance Industries.

Satheendhar Sahani

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