Sensex slumps 617 pts; Nifty falls below 17,000

April 25, 2022 16:07

Benchmark indices tumbled for the second day in a row on Monday, with the Sensex tanking 617.26 points following heavy selling in market major Reliance Industries and negative global cues.

Unabated foreign fund outflows added to the weak sentiment. The BSE benchmark Sensex dived 617.26 points or 1.08 per cent to end at 56,579.89. During the day, it plummeted 840.28 points or 1.46 per cent to 56,356.87.

The broader NSE Nifty declined 218 points or 1.27 per cent to 16,953.95. Among the 30-share Sensex pack, Tata Steel, Tech Mahindra, NTPC, Reliance Industries, Titan, ITC, Larsen & Toubro and Sun Pharma were the major laggards. In contrast, HDFC Bank, ICICI Bank, HDFC, Kotak Mahindra Bank, Nestle, Maruti Suzuki and Bharti Airtel were the gainers.

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