Benchmark equity indices Sensex and Nifty tumbled on Wednesday, tracking a bearish trend in Asian markets, as the conflict in West Asia widened, driving oil prices higher.
At 12:40 hours, the 30-share benchmark index was trading at 78813.48 down by -1425.37 points or by -1.78 % and then NSE Nifty was at 24375.05 down by -490.65 points or by -1.97 %.
Sensex touched intraday high of 79016.3 and intraday low of 78443.2 The NSE Nifty touched intraday high of 24476.95 and intraday low of 24305.4
The top gainers of the BSE Sensex pack were Infosys Ltd. (Rs. 1301.10,+1.01%), Bharti Airtel Ltd. (Rs. 1875.00,+0.09%), among others.
The top losers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 195.25,-7.42%), Larsen & Toubro Ltd. (Rs. 3832.70,-5.75%), UltraTech Cement Ltd. (Rs. 11963.70,-4.41%), InterGlobe Aviation Ltd. (Rs. 4324.80,-4.35%), Maruti Suzuki India Ltd. (Rs. 13865.70,-3.58%), among others.
_IT index was at 29356.53 up by -36.44 points or by -0.12%. AXISCADES Technologies Ltd. (Rs. 1480.30,+3.32%), BLS E-Services Ltd. (Rs. 143.70,+1.66%), Persistent Systems Ltd. (Rs. 4736.20,+1.32%), Infosys Ltd. (Rs. 1302.00,+1.08%), MphasiS Ltd. (Rs. 2278.00,+0.86%),.
Metal index was at 38594.84 down by -1885.93 points or by -4.66%. Tata Steel Ltd. (Rs. 195.25,-7.42%), Steel Authority of India (SAIL) Ltd. (Rs. 153.50,-7.25%), Jindal Steel Ltd. (Rs. 1168.15,-5.63%), NMDC Ltd. (Rs. 76.71,-5.59%), JSW Steel Ltd. (Rs. 1204.80,-5.00%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4476 , shares advanced were 848 while 3443 shares declined and 185 were unchanged.