Equities plunge on sell-off; metals, oil & gas stocks slip (Third Lead)

Image
IANS Mumbai
Last Updated : Mar 16 2018 | 3:55 PM IST

Indian equity markets provisionally closed in the negative territory on Friday on the back of huge sell-off across all sectors -- led by oil and gas, metals, energy, auto and banking stocks.

On the National Stock Exchange (NSE), the wider Nifty50 declined by 145.75 points or 1.41 per cent to provisionally close at 10,214.40 points (at 3.30 p.m.).

The barometer 30-scrip Sensitive Index (Sensex) of the BSE closed at 33,176 points -- down 509.54 points or 1.51 per cent from the previous session's close -- scaling a low of 33,119.92 points during the intra-day trade.

The BSE market breadth was bearish with 1,744 declines and 933 advances.

On Thursday, the NSE Nifty50 fell by 50.75 points or 0.49 per cent to close trade at 10,360.15 points while the Sensex closed at 33,685.54 points -- down 150.20 points or 0.44 per cent.

--IANS

ppg/mr

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 16 2018 | 3:48 PM IST

Next Story