Sensex drops 600 points amid geopolitical uncertainty
after close1 source ↓written by the desknot a recommendation
- 0.52
- 389.19 points
- 0.52
- 74,811.66
- 0.46
- 107.90 points
- 0.46
- 23,510.10
- 10-year yield at 4.66%
Benchmark indices opened sharply lower on Wednesday, with the BSE Sensex down 389.19 points (0.52%) at 74,811.66 and the NSE Nifty50 falling 107.90 points (0.46%) to 23,510.10. This decline is attributed to uncertainty surrounding the West Asia conflict and a weakening rupee. Rising bond yields in the US, with the 10-year yield at 4.66%, are also pressuring equity markets.
• Tata Steel fell 2% in early trade.
• Sun Pharmaceutical Industries gained 0.20%, leading Sensex gainers.
Not investment advice. For informational purposes only.