Sensex Crashes Over 1,200 Points From Day’s High; Nifty Below 15,000

2021-03-12 08:53:33

Sensex Crashes Over 1,200 Points From Day's High; Nifty Below 15,000

The Indian equity benchmarks nosedived in afternoon trading on the back of a broad-based selling pressure on account of profit taking at higher levels. The Sensex dropped as much as 1,234 points from the day’s highest level and Nifty 50 index broke below its important psychological level of 15,000 after hitting 15,300 earlier in the day.

As of 2:19 pm, the Sensex dropped 601 points to 50,714 and Nifty 50 index dived 178 points to 14,995.

All the 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty PSU Bank and Auto indexes’ 2 per cent fall.

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