Sensex Slumps 642 Points, Nifty Turns Negative For 2019: 10 Things To Know

Sensex Slumps 642 Points, Nifty Turns Negative For 2019: 10 Things To Know

Markets today: All the 11 sectoral indices on the NSE traded lower in late afternoon deals

Indian equity markets suffered sharp losses on Tuesday amid heavy selling pressure as fears of rising crude oil prices and weakness in the rupee against the US dollar rattled investor sentiment. The S&P BSE Sensex index slumped as much as 704 points to 36,419.09 at the day’s weakest level, and the broader NSE Nifty 50 benchmark dropped as much as 207 points to an intraday low of 10,796.50. With today’s fall, the 50-share National Stock Exchange benchmark index turned negative for 2019. Selling pressure was visible across sectors with all the 11 sector gauges compiled by the NSE ending lower in trade.