Sensex crashes 765 pts as Omicron enters India

December 03, 2021 17:27

Domestic markets lurched lower on Friday after India reported its first case of the Omicron variant of the coronavirus, prompting investors to dial back risk exposure.

The Centre on Thursday said two cases of Omicron have been detected in Karnataka.

Snapping its two-session rally, the 30-share BSE Sensex nosedived 764.83 points or 1.31 per cent to end at 57,696.46. Similarly, the broader NSE Nifty tanked 204.95 points or 1.18 per cent to 17,196.70.

PowerGrid was the top loser in the Sensex pack, shedding 4.03 per cent, followed by Reliance Industries, Kotak Bank, Asian Paints, Bharti Airtel, Tech Mahindra and Maruti. Only four index components finished in the green -- L&T, IndusInd Bank, Tata Steel and UltraTech Cement, rising up to 0.72 per cent.

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