Unimech Aerospace shares rose 3 per cent after it approved an investment of up to ₹5.53 crore to acquire a stake in Dheya Engineering Technologies
At 11:30 AM, BSE Sensex was trading at 82,107.93, down by nearly 400 points or 0.49 per cent
The selloff in the markets, analysts said, was driven by rising global uncertainties, weak cues, and growing recession fears
Investors' wealth eroded by Rs 9.65 lakh crore in four days of sharp decline in the equity market where the BSE benchmark Sensex tanked 2,915 points. In the past four days, the BSE benchmark slumped 2,915.07 points or 3.54 per cent. Falling for the fourth day running on Thursday, the 30-share BSE benchmark Sensex tanked 964.15 points or 1.20 per cent to settle at 79,218.05. During the day, the blue-chip index cracked 1,162.12 points or 1.44 per cent to 79,020.08. Tracking the weak trend in equities, the market capitalisation of BSE-listed firms eroded by Rs 9,65,935.96 crore to Rs 4,49,76,402.63 crore (USD 5.29 trillion) in four days. "Markets were plundered tracking negative global cues as benchmark indices slipped below their psychological levels on broad-based selling after the US Fed's hawkish stance raised concerns over further rate cuts next year. Rising US bond yields has pushed global currencies, including the rupee to new lows while renewed foreign fund outflows from domes
Stock market crash: The BSE Sensex crashed up to 962 points or 1.17 per cent to 80,726.06 levels, while NSE's Nifty50 fell 244 points or 0.97 per cent at 24,770 levels in intraday deals
The S&P BSE Sensex index plunged over 6,200 points intraday, before settling 4,390 points, or 5.74 per cent, lower at 72,079 levels, on Tuesday
Index moved in 4% band, against three-year average of 8%
The Sensex declined 3.5 per cent in December - its worst last-month returns since 2011
The Sensex had ended 162.03 points, or 0.39 per cent, lower at 41,464.61 on Friday as well
The yield on the 10-year government security rose nearly 8 basis points to 6.71 per cent. Bond yields and prices move in opposite directions
Sensex ends down 354 pts as Oct IIP disappoints