ADVERTISEMENT

Nifty Ends At 10,818, Gives Up All Of The Gains So Far This Year: Highlights

A selloff across sectors deepened in the second half of the session, dragging the markets lower
A selloff across sectors deepened in the second half of the session, dragging the markets lower

Domestic stock markets suffered sharp losses on Tuesday, with the NSE Nifty benchmark index giving up all of the gains so far this calendar year. The 50-scrip index fell as much as 207.00 points to 10,796.50 at the day's lowest level, registering a loss of 66.05 points for the year. That meant all of the gains in the index in 2019 were erased on Tuesday. Analysts say the surging crude oil prices refuelled concerns about the current account and fiscal deficits among investors. The S&P BSE Sensex index fell as much as 704.22 points to 36,419.09 during the session. At that level, the Sensex was still 350.76 points far from turning negative. A selloff across sectors - led by banking, auto and metal shares - deepened in the second half of the session, dragging the markets lower.

Here are the highlights of the movement in the share markets (Sensex, Nifty) on September 17, 2019: