Sensex closes 1190 points down

Dec 20, 2021

New Delhi, Dec 20 (ANI): The Indian equities markets key indices tumbled more than two per cent on December 20 due to huge selloffs in metal and banking stocks on fears that rising Omicron cases would derail the economic recovery. The 30 stock S&P Sensex of the Bombay Stock Exchange started the week deep in the red on negative cues from the global markets. The benchmark Sensex ended the day at 55,822.01, 2.09 per cent or 1189.73 points lower from its previous close at 57,011.74 points. The broader Nifty 50 of the National Stock Exchange crashed 2.18 per cent or 371 points to 16,614.20 points. The Nifty 50 slumped to a low of 16,410.20 points in the intra-day. S&P BSE Bankex tumbled 3.12 per cent to 39,189.74 per cent. Metal index of the BSE dipped nearly 4 per cent. Tata Steel slumped 5.20 per cent to Rs.1072.95. IndusInd Bank tumbled 4.23 per cent to Rs 845.85. State Bank of India dipped 3.97 per cent to Rs 449.20.