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Sensex Slumps 1000 Pts, Nifty Near 15,950 | IT Index 4% Down | Market News | Latest Update
Posted
May 19, 2022
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41
May 19, 2022
41
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1:56Now PlayingTracking a sharp global selloff, the key benchmark indices were trading with deep cuts on Thursday. Sensex slumped over 1,000 points in early trade on weak global cues and the NSE Nifty tanked 300 points to 15,920. The broader markets were also weak in line with frontline indices. The India VIX surged 9 per cent to 24 levels indicating high nervousness among investors. All sectors suffered losses with IT, Metals, Realty, and PSB indices on the Nifty cracking 3 per cent each. Other top losers included Media, financials, banks, and auto. FMCG pack was the least affected, down 0.5 per cent.
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