Sensex tanks over 1,400 points

May 19, 2022 15:59

Dr Reddy's was among the few gainers

Equity benchmarks fell sharply on Thursday, mirroring a sell-off in global markets, with the Sensex and Nifty tumbling over 2.60 per cent on across-the-board selling.

Persistent foreign fund outflows also continue to dampen sentiment. The 30-share BSE benchmark Sensex dived 1,416.30 points or 2.61 per cent to settle at 52,792.23. During the day, it tumbled 1,539.02 points or 2.83 per cent to 52,669.51. The broader NSE Nifty tanked 430.90 points or 2.65 per cent to end at 15,809.40.

From the Sensex firms, HCL Technologies, Wipro, Infosys, TCS, Tech Mahindra, Tata Steel, IndusInd Bank and Kotak Mahindra Bank were the major laggards. ITC and Dr Reddy's emerged as the gainers --PTI

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