Sensex tanks 746 pts; Nifty ends below 14,375January 22, 2021 16:15
Asian Paints was among the losers
Equity benchmark Sensex plunged 746 points to close at 48,878.54 on Friday, tracking losses in index majors Reliance, HDFC twins and ICICI Bank amid a weak trend in global markets.
The 30-share BSE index ended 746.22 points or 1.50 per cent lower at 48,878.54.
Similarly, the broader NSE Nifty tumbled 218.45 points or 1.5 per cent to 14,371.90. Axis Bank was the top loser in the Sensex pack, shedding over 4 per cent, followed by Asian Paints, SBI, IndusInd Bank, ICICI Bank, Bajaj Finance, HDFC and Reliance. On the other hand, Bajaj Auto, Hindustan Unilever, UltraTech Cement, TCS, Bajaj Finserv and Infosys were the gainers.
Elsewhere in Asia, bourses in Shanghai, Hong Kong, Seoul and Tokyo ended in the negative territory. Stock exchanges in Europe were also trading on a negative note in early deals.