The Sensex dropped as much as 1,334 points from the day's highest level and Nifty 50 index touched an intraday low of 14,478.60. - The Sikh Times
Finance

The Sensex dropped as much as 1,334 points from the day’s highest level and Nifty 50 index touched an intraday low of 14,478.60.

Mumbai:  March 18, 2021 The Indian equity benchmarks fell sharply and closed lower for fifth session in a row on Thursday tracking rising 10-year US bond yield triggering fears of outflow of foreign money from equities to US bonds, analysts. Rising Covid-19 cases in the country also soured the investor sentiment towards risk assets. The benchmarks staged a gap up opening but reversed gains after the 10-year US bond yield moved above 1.7 per cent, its highest level since January. The Sensex dropped as much as 1,334 points from the day’s highest level and Nifty 50 index touched an intraday low of 14,478.60 after hitting an intraday high of 14,875.20.

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