City
Epaper

Indices slump sharply on global cues, Sensex tumbles over 1,000 pts

By IANS | Updated: June 10, 2022 16:05 IST

New Delhi, June 10 Domestic equity benchmark indices declined further as the session progressed and settled sharply lower ...

Open in App

New Delhi, June 10 Domestic equity benchmark indices declined further as the session progressed and settled sharply lower on Friday, triggered by strong sell-off in global equities.

With Friday's slump, the indices have declined for the five out of the past six sessions.

Sensex closed at 54,303 points, down 1,017 points, or 1.84 per cent, whereas Nifty, at 16,202 points, was down 276 points, or 1.68 per cent.

Besides, the Indian rupee touched a new low of Rs 77.87 per US dollar on Friday, after a prolonged phase of consolidation as inflationary risks have started souring.

"The US Fed's meeting on June 14-15 will be the next big event affecting the (market) sentiments," said Deepak Jasani, Head of Retail Research at HDFC Securities.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Deepak jasaniusNew DelhiUs FedRetail ResearchThe new delhi municipal councilDelhi south-west
Open in App

Related Stories

InternationalFlorida Shooting: US Rapper Offset Injured at Seminole Hard Rock Hotel & Casino in Hollywood; Two Detained

InternationalMajid Khademi Death: IRGC Intel Chief Killed in US-Israel Attack, Confirms Iran

InternationalLaGuardia Airport Plane Accident: At Least 2 Killed, Several Injured After Air Canada Express CRJ-900 Collides With Fire Truck on Runway

InternationalUS-Israel-Iran War: Japan, Germany, France Show Caution Over Trump’s Strait of Hormuz Warship Plan

InternationalUK Watchdogs Urge Social Media Giants To Stop Children Accessing Platforms

International Realted Stories

InternationalIsrael's offensive on Hezbollah puts ceasefire in danger, Iran blocks Hormuz again

International"Diplomacy must now replace military action": World leaders unite after US-Iran ceasefire to demand permanent peace

InternationalIran President says ceasefire reflects nation's unity, calls it outcome of sacrifice of former Supreme Leader, public support

InternationalPakistan's mediation bid in West Asia conflict strains ties with China: Report

InternationalBaloch activist urges UN to review human rights situation in Balochistan