Benchmark equity indices Sensex and Nifty slumped on Friday due to heavy selling in metal, oil & gas shares as President Donald Trump's sweeping tariff salvo reignited the fears of global trade war.
At 10:40 hours, the 30-share benchmark index was trading at 75499.16 down by -796.2 points or by -1.04 % and then NSE Nifty was at 22933.45 down by -316.65 points or by -1.36 %.
The top gainers of the BSE Sensex pack were HDFC Bank Ltd. (Rs. 1823.15,+1.64%), Bajaj Finance Ltd. (Rs. 8662.55,+0.75%), Nestle India Ltd. (Rs. 2261.00,+0.62%), Bharti Airtel Ltd. (Rs. 1753.85,+0.47%), Hindustan Unilever Ltd. (Rs. 2250.55,+0.24%), among others.
The top losers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 144.85,-5.73%), Tata Motors Ltd. (Rs. 622.95,-4.75%), Sun Pharmaceutical Industries Ltd. (Rs. 1695.20,-4.23%), Larsen & Toubro Ltd. (Rs. 3275.00,-4.20%), Reliance Industries Ltd. (Rs. 1203.00,-3.65%), among others.
Bankex index was at 59216.13 up by 13.73 points or by 0.02%. HDFC Bank Ltd. (Rs. 1823.25,+1.65%), ICICI Bank Ltd. (Rs. 1330.00,+0.08%),.
Metal index was at 28869.53 down by -1506.02 points or by -4.96%. Vedanta Ltd. (Rs. 411.60,-6.36%), National Aluminium Company Ltd. (Rs. 162.30,-5.99%), Hindalco Industries Ltd. (Rs. 614.35,-5.88%), Tata Steel Ltd. (Rs. 145.15,-5.53%), Hindustan Zinc Ltd. (Rs. 436.60,-4.96%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3828 , shares advanced were 908 while 2706 shares declined and 214 were unchanged.