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

InternationalSouth Carolina: 20 Injured in Lightning Strike at Lake Murray Public Park in Lexington

InternationalPM Narendra Modi Dials Iran President, Calls for De-escalation Amid US Strikes on Nuclear Sites

InternationalIran-Israel Conflict: Israel Attacks Iran's Sole Nuclear Power Plant in Bushehr; Tensions Escalate

MumbaiMumbai: Bomb Threat Call to US Consulate Traced to Mentally Unstable Youth Upset Over Visa Rejection

InternationalOrganic Ground Beef Recalled Over E. Coli Fears in US - Is Yours Affected?

International Realted Stories

InternationalJaishankar, Japanese Foreign Minister discuss upcoming India-Japan summit on Quad sidelines

International"India has every right to defend its people against terrorism": EAM Jaishankar at Quad Foreign Ministers' Meeting

InternationalJaishankar calls India-US defence ties 'most consequential' during Pentagon meet with US Defence Secretary

InternationalPM Modi's upcoming Ghana visit to be first by an Indian Prime Minister in three decades: Envoy Manish Gupta

InternationalQuad ministerial meeting very productive, will strengthen Indo-Pacific stability: EAM Jaishankar