India

MARKET WRAP: Sensex tanks 812 pts amid weak global cues; India VIX up 13%

On the NSE, the benchmark Nifty50 finished at 11,251, down 254 factors, or more than 2 for each cent.

The domestic benchmark indices witnessed throughout-the-board offer-off and finished more than 2 for each cent decrease on Monday amid weak world cues. Investor sentiment also took a strike after the Intercontinental Consortium of Investigative Journalism (ICIJ) claimed on major-magic formula Suspicious Activity Stories or SARs, worthy of a lot more than $2 trillion globally. These transactions are not outright evidence of fraud or evidence of nefarious activities but are purple-flagged by the US authority as suspicious. Examine A lot more

The S&P BSE Sensex tumbled 812 factors, or 2.09 for each cent to settle at 38,034 degrees. Of 30 constituents, 27 declined and just three innovative. IndusInd Bank (down 8.seven for each cent) finished as the major loser on the index. 

On the NSE, the benchmark Nifty50 finished at 11,251, down

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