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In today's trading session, investors lost about Rs 2.4 lakh crore in the mayhem.
Sensex plunges 1,011 points to close at 30,636; Nifty closes below 9,000 points
Sensex closes 1,011 points down at30,636.71, while Nifty ends below9,000 points. IndusInd Bank Biggest was the loser on Sensex, down 12.41% with735 advances and1,674 declines.All indices end in red, except Telecom, which is up 1.7%.
Rupee settles 30 paise lower at 76.83 against US dollar
The Indian rupee settled for the day lower by 30 paise at 76.83 (provisional) against the US dollar on Tuesday, tracking weak domestic equities and strengthening of the US dollar overseas.
Forex traders said the decline in the rupee was largely due to sharp drop in oil prices and stronger greenback which edged higher past the 100 level mark. (PTI)
Sensex has been trading down by over 1,000 points. As of not, it is trading at 30,538.78, down 1,109.22 points.
Despite crude oil prices being in the negative territory, rupee plunges by 30 paise to close at 76.83 -- indicating a heavy sell-off by foreign funds.
Sensex in now trading at 30,452.98, down 1,195.02 points.
Sensex is now tarding at 30,707.04, down 940.96 points. Nifty is holding 9,000 level.
Sensex tanks over 1,000 in early trade; Nifty tests 9,000 level
Equity benchmark Sensex plunged over 1,000 points in opening trade on Tuesday tracking heavy losses in banking, energy and IT stocks amid volatility in global market as international crude oil prices went into a tailspin overnight.
After hitting a low of 30,634.41, the 30-share index was trading 822.45 points or 2.60 per cent lower at 30,825.55.
Similarly, the NSE Nifty tanked 235.05 points, or 2.54 per cent, to 9,026.80.
Maruti was the top laggard in the Sensex pack, sinking up to 7 per cent, followed by Tata Steel, IndusInd Bank, Bajaj Finance, Axis Bank, ICICI Bank and ONGC. (PTI)
Rupee slips 26 paise to 76.79 against US dollar in early trade.
Indian shares rattled by U.S. crude plunge
Indian shares dropped sharply on Tuesday, tracking losses in global markets, following a historic overnight plunge in U.S. crude oil that amplified the blow to the world economy from the coronavirus-led lockdowns.
The NSE Nifty 50 index fell 2.85% to 8,999.95 by 0355 GMT, while the benchmark S&P BSE Sensex was down 2.84% at 30,747.13. (Reuters)
Share price of Infosys slipped nearly 4 percent after company posted its Q4 numbers. The company has reported a profit of Rs 4,321 crore for the quarter ended March 2020, a 3.1 percent degrowth compared to December quarter 2019.
Sensex is now trading at 30,800.42, down 847 points.
Sensex crashes by 1,000 points on back of crude oil crash.
EXPLAINER | What is a negative crude future and does it mean anything for consumers?
The price of a barrel of benchmark USoil plunged below $0 a barrel on Monday for the first time in history, a troubling sign of an unprecedented global energy glut as the coronavirus pandemic halts travel and curbs economic activity.
Nifty opens around 9,000, Sensex down over 800 points
Indian indices opened on a negative note.While Nifty openedaround 9,000, Sensex was down over 800 points at the time of opening.
US crude oil claws back into positive territory but historic crash spooks investors
U.S. crudeoilbounced back into positive territory on Tuesday, after a historic plunge below zero that shocked investors and pushed down stock prices and Asian currencies.
Nifty is around 9,000 level, while Sensex is down over 600 points in the pre-opening session.
Trends on SGX Nifty indicate a negative opening for the index in India.
Owing to the fall in US crude oil prices,Asia shares were poised to track a Wall Street tumble on Tuesday. The US crude futures turned negative for the first time in history due to acollapse in oil demand as the coronavirus pandemic derails the global economy.
Yesterday, Wall Street tumbled after US crude futures turned negative for the first time ever. The Dow Jones Industrial Average dropped 2.44% to end at 23,650.44 points, while the S&P 500 lost 1.79% to 2,823.16. The Nasdaq Composite dropped 1.03% to 8,560.73.
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