Sensex sinks amid global woes, but RIL jumps 10%

MUMBAI:Equity benchmark Sensex today suffered its steepest single-day fall of 624 points dragged by losses across the board as fears about long-lasting trade war, Hong Kong protests and Argentine currency crash spooked investors.

ROBINSINGH@TRIBUNE.COM

Mumbai, August 13 

Equity benchmark Sensex today suffered its steepest single-day fall of 624 points dragged by losses across the board as fears about long-lasting trade war, Hong Kong protests and Argentine currency crash spooked investors.

The NSE gauge Nifty too tumbled nearly 184 points to settle below the key 11,000-level.

Bucking the overall downtrend, shares of Reliance Industries (RIL) rallied nearly 10%, capping the Sensex loss to a large extent.

After diving nearly 700 points in the fag-end of the session, the 30-share Sensex settled 623.75 points, or 1.66 per cent, lower at 36,958.16. It hit an intra-day low of 36,888.49 and a high of 37,755.16.

While the NSE Nifty slumped 183.80 points, or 1.65 per cent, to 10,925.85. During the day, it hit a low of 10,901.60 and a high of 11,145.90. — PTI

Cities

View All

4 Lakhi Jungle panches move no-trust vote against sarpanch

Allege she was not consulting them before taking decisions

Woman booked for duping husband of Rs 20L

After calling him to Canada, she left him citing ‘extramarit...

100 trees face axe for road to Mohali

UT completes formalities to acquire 13 acres in Dadu Majra &...

2019: Quantum jump in drug seizure

226 were held with drugs, including cocaine, charas, ganja, ...

DSP opens fire at wife, booked

Narrow escape for victim as bullet misses shoulder

Ahead of elections, Kejriwal brings out ‘guarantee card’

Delhi CM promises free bus rides for students, mohalla marsh...

Tile work ‘choking’ trees

Council of Engineers lodges complaint with NGT chief

Dyers move NGT against ministry order

Have been asked to construct canal for waste discharge

Rs 35-cr building at GMC yet to open

Health Corporation, college authorities blame each other for...

No swine flu cases in dist this season

61 cases were reported in 2019; Health Dept taking proactive...