Sensex nosedives 949 points on Omicron scare

December 06, 2021 16:25

More testing, stepping up vaccination and boosters will help, say experts

Equity benchmark Sensex plummeted 949 points on Monday as concerns over the spread of the Omicron variant in the country triggered a sell-off across sectors.

According to market experts, Indian shares fell as the country recorded more cases of the Omicron variant of the coronavirus over the weekend.

The 30-share BSE Sensex ended 949.32 points or 1.65 per cent lower at 56,747.14. Similarly, the NSE Nifty slumped 284.45 points or 1.65 per cent to 16,912.25.

All Sensex components ended in the red. IndusInd Bank was the top loser, shedding nearly 4 per cent, followed by Bajaj Finserv, Bharti Airtel, TCS, HCL Tech and Tech Mahindra.

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