Categories: Business

Sensex fell almost 500 points in the opening of trade amid weak global cues

New Delhi: The equity index fell in opening trading on Friday with BSE Sensex benchmarks to fall nearly 500 points amid weak signals from the global market.
The 30-Share BSE index spreads 495 points or 0.89 percent to trade at 55,135.
Meanwhile, the wider NIFTY NSE fell 436 points or 0.9 percent at 16,419.
Top Lambgards in the Sensex package includes Tata Steel, Bank Box, Dr.
Reddy’s, L & T, SBI and Bajaj Finance with their shares down by 3.77 percent.
While Cat Asia, Maruti, Infosys, Bharti Airtel and Hul are green trade stocks, up to 1.1 percent.
On the NSE platform, except for Nifty, all other sub-indices traded red with good metals, banks, media, Bank PSU fell by 3 percent.
According to experts, the domestic market was weighed by global cues that subdued.
Asian shares fell 0.75 percent, with a Chinese blue chip 1.22 percent lower, Hong Kong fell 0.53 percent.
Japanese Nikkei fell 0.53 percent, while the US market ended in a flat on Thursday.
The global market falls mainly than concerns about the increasing case of Delta Covid variant, which might pose a threat to the global economic recovery again.

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