Mumbai, September 21: The Sensex has tumbled almost 1000 points and is currently trading at 36,877, down 248 points. The benchmark indices have started recovering taking cues from the global market and on a firm rupee. The markets were closed on Thursday on account of Muharram. Nifty has fallen 100 points and it has given up 11,200 as well. Sensex Breaches 38,000 Mark for The First Time in Indian History.
The sentiment was affected as rupee also opened firm, up 53 points at 71.88/dollar. The Asian stocks extended gains on Friday after Wall Street’s S&P 500 set a new all-time high. In August, Sensex breached 38,000 mark for the first time in Indian history.
YES Bank slipped 20 per cent after RBI trimmed Rana Kapoor's tenure as its CEO. DHFL stock plummeted 50 percent after it lost Rs 10,000 crore in market capitalisation. Shares of Yes Bank, Sun Pharma and Indiabulls Housing are the top losers, while ITC, ONGC and Bharti Infratel have gained the most till now.
(The above story first appeared on LatestLY on Sep 21, 2018 01:24 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).