Trading resumes on stock exchanges, Sensex plummets further to 3,389 points 
Economy

Trading resumes on stock exchanges, Sensex plummets further to 3,389 points 

Tech Mahindra was the top loser on Sensex, cracking up to 15 per cent, followed by Axis Bank, IndusInd Bank, HCL Tech, Kotak Bank and TCS.

   
An electronic ticker board indicates British pound to Indian rupee currency exchange rate outside the Bombay Stock Exchange building in Mumbai| Dhiraj Singh/Bloomberg

The Bombay Stock Exchange | Photo: Dhiraj Singh | Bloomberg

Mumbai: Domestic stock trading on Friday resumed after a 45-minute halt, with equity benchmark Sensex plummeting further to 3,389 points and the broader Nifty sinking below 8,600 level.

Stock exchanges paused trading for 45 minutes after both indices plunged over 10 per cent, hitting their lower circuit limits, within the first 15 minutes of opening of the session.

Continuing its downward spiral, domestic BSE Sensex was trading 3,380.59 points, down 10.31 per cent at 29,397.55. It hit an intra-day low of 29,388.97, falling up to 3,389.17 points.

Similarly, the NSE Nifty cracked 1,036.20 points, or 10.80 per cent, to 8,553.95 after resumption of trade.

Tech Mahindra was the top loser on Sensex, cracking up to 15 per cent, followed by Axis Bank, IndusInd Bank, HCL Tech, Kotak Bank and TCS.


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