During Friday’s session, the Sensex at one time fell as much as 563 points to hit 33,849 while the Nifty declined below 10,400.
when it seemed that some steadiness has returned to the stock markets, Sensex and Nifty suffered huge losses on Friday amid a renewed global selloff.
The BSE benchmark index Sensex closed 407 points lower at 34,005 and the NSE Nifty shed 121 points to settle at 10,454. During Friday’s session, the Sensex at one time fell as much as 563 points to hit 33,849 while the Nifty declined below 10,400.
Asian stocks tumbled after Wall Street plummeted again in the face of rapidly rising bond yields.US markets remained the epicentre of the global selloff, with the Dow plunging 4.1 per cent overnight.
On Thursday, the Sensex had risen nearly 1 per cent, snapping seven sessions of fall.