Business

Sensex slumps 678 points to end day in red below 60k; Nifty at 17,671

OCT 29,

Equity benchmark Sensex tanked 678 points on Friday, tracking losses in index majors Reliance Industries, Infosys and HDFC Bank amid a weak trend in global markets.The 30-share index plunged 677.77 points or 1.13 per cent to end at 59,306.93. Similarly, the NSE Nifty fell 185.60 points or 1.04 per cent to 17,671.65.Tech Mahindra was the top loser in the Sensex pack, shedding over 3 per cent, followed by NTPC, IndusInd Bank, Kotak Bank and Reliance Industries.On the other hand, UltraTech Cement, Tata Steel, Maruti, Titan and Dr Reddy’s were among the gainers.”The domestic market continued to witness selling as energy and private bank stocks remained under pressure following dull global sentiments,” said Vinod Nair, Head of Research at Geojit Financial Services.

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