<p class="title">Benchmark equity index Sensex slumped 268 points on Wednesday, dragged by losses in ITC, HDFC, L&T and ICICI Bank as investors remained wary of an economic slowdown.</p>.<p class="bodytext">After plunging 305 points, the 30-share Sensex settled 267.64 points, or 0.72 per cent, lower at 37,060.37. It hit an intra-day high of 37,406.55 and a low of 37,022.52.</p>.<p class="bodytext">The broader NSE Nifty too ended 98.30 points, or 0.89 per cent, down at 10,918.70. During the day, it swung between a high of 11,034.20 and a low of 10,906.65.</p>.<p class="bodytext">Tata Motors was the biggest laggard in the Sensex pack, plummeting 9.29 per cent, followed by Yes Bank at 8.21 per cent.</p>.<p class="bodytext">Other losers included Tata Steel, ONGC, IndusInd Bank, SBI, L&T, ITC, Vedanta, HCL Tech, ICICI Bank and M&M, which declined up to 4.26 per cent.</p>.<p class="bodytext">Hero MotoCorp, Infosys, Tech Mahindra, HUL, Bajaj Auto, Maruti, NTPC and HDFC Bank bucked the weak market trend, rising up to 1.78 per cent.</p>.<p class="bodytext">Globally, markets are keenly awaiting comments from Federal Reserve Chair Jerome Powell in Jackson Hole, Wyoming, US.</p>.<p class="bodytext">Investors will also be tracking the G7 Summit during August 25–27 in France.</p>.<p class="bodytext">Elsewhere in Asia, Shanghai Composite Index, Hang Seng and Kospi ended on a positive note, while Nikkei settled in the red.</p>.<p class="bodytext">Equities in Europe were trading significantly higher in their respective early sessions.</p>.<p class="bodytext">Meanwhile, the Indian rupee appreciated 22 paise to 71.49 against the US dollar intra-day.</p>.<p class="bodytext">Brent crude futures, the global oil benchmark, spurted 1.28 per cent to USD 60.80 per barrel.</p>
<p class="title">Benchmark equity index Sensex slumped 268 points on Wednesday, dragged by losses in ITC, HDFC, L&T and ICICI Bank as investors remained wary of an economic slowdown.</p>.<p class="bodytext">After plunging 305 points, the 30-share Sensex settled 267.64 points, or 0.72 per cent, lower at 37,060.37. It hit an intra-day high of 37,406.55 and a low of 37,022.52.</p>.<p class="bodytext">The broader NSE Nifty too ended 98.30 points, or 0.89 per cent, down at 10,918.70. During the day, it swung between a high of 11,034.20 and a low of 10,906.65.</p>.<p class="bodytext">Tata Motors was the biggest laggard in the Sensex pack, plummeting 9.29 per cent, followed by Yes Bank at 8.21 per cent.</p>.<p class="bodytext">Other losers included Tata Steel, ONGC, IndusInd Bank, SBI, L&T, ITC, Vedanta, HCL Tech, ICICI Bank and M&M, which declined up to 4.26 per cent.</p>.<p class="bodytext">Hero MotoCorp, Infosys, Tech Mahindra, HUL, Bajaj Auto, Maruti, NTPC and HDFC Bank bucked the weak market trend, rising up to 1.78 per cent.</p>.<p class="bodytext">Globally, markets are keenly awaiting comments from Federal Reserve Chair Jerome Powell in Jackson Hole, Wyoming, US.</p>.<p class="bodytext">Investors will also be tracking the G7 Summit during August 25–27 in France.</p>.<p class="bodytext">Elsewhere in Asia, Shanghai Composite Index, Hang Seng and Kospi ended on a positive note, while Nikkei settled in the red.</p>.<p class="bodytext">Equities in Europe were trading significantly higher in their respective early sessions.</p>.<p class="bodytext">Meanwhile, the Indian rupee appreciated 22 paise to 71.49 against the US dollar intra-day.</p>.<p class="bodytext">Brent crude futures, the global oil benchmark, spurted 1.28 per cent to USD 60.80 per barrel.</p>