Sensex, Nifty Fall Amid Broad-Based Selling : 5 points

Domestic stock markets started Tuesday's session with sharp losses, with the Sensex falling more than 450 points, amid geopolitical tensions between India and Pakistan. Bombay Stock Exchange benchmark index Sensex declined a…

Domestic stock markets started Tuesday's session with sharp losses, with the Sensex falling more than 450 points, amid geopolitical tensions between India and Pakistan. Bombay Stock Exchange benchmark index Sensex declined as much as 499.22 points to touch an intraday low of 35,714.16 in morning trade, while the Nifty hit 10,729.30, down 150.8 points from the previous close.
1 . At 11:24 am, the S&P BSE Sensex traded 247 points lower at 35,966 and the Nifty was at 10,810, down 70 points from the previous close.

2 . At that time, top laggards on the Nifty were Vedanta, Hindalco, Yes Bank, JSW Steel, trading between 3.27 per cent and 3.88 per cent lower.

3 . Analysts attributed the sudden plunge in the markets to geopolitical concerns.

4 . India carried out pre-dawn strikes on a terror camp across the Line of Control, according to reports. The strike was carried out at around 3:30 this morning by 12 Mirage 2000 fighter jets.

5 . The aircraft dropped 1,000 kg laser-guided bombs on a major terror camp across the Line of Control, completely destroying it, news agency ANI reported, quoting Air Force sources.



Source : NDTV