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Share Market Highlights: Sensex tanks 300 pts, Nifty ends below 18700

shree1news by shree1news
June 16, 2023
in Business
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Stock Market crash: Markets plummet! Sensex nosedives over 1000 points, Nifty down below 22,000
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Today’s Stock Market News | Sensex, Nifty, and Stock Prices Highlights: Domestic indices finished the day in the red on Thursday. The NSE Nifty 50 dropped 67.80 points, or 0.36%, to 18,688.10, while the BSE Sensex down 310.88 points, or 0.49%, to 62,917.63. Bank Nifty down 544.40 points, or 1.24%, to 43,443.60, Nifty PSU Bank fell 1.99%, and Nifty Pharma rose 1.42%. Apollo Hospitals Enterprise, Divis Lab, Dr Reddy’s Laboratories, Cipla, and BPCL were the top gainers on the Nifty 50, while Hero Motocorp, Wipro, IndusInd Bank, SBIN, and Kotak Bank were the top losers.

US indices end mixed

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The US market ended the overnight session on a mixed note after the US Federal Reserve did not alter the interest rates, but signalled in new projections that the key lending rate might need to rise by as much as half of a percentage point by the end of this year – Dow Jones Industrial Average (DJIA) fell 0.68%, S&P 500 rose 0.08% and the tech-heavy Nasdaq climbed 0.39%.

Asia markets trade mixed

Asian markets were trading mixed – Hong Kong’s Hang Seng jumped 1.15%, China’s Shanghai Composite index gained 0.22%, Japan’s Nikkei 225 was trading flat while South Korea’s KOSPI fell 0.24% and Asia Dow dipped 0.50%.

Source:FE

Tags: sensexshare marketshree1newsStock Market

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