Photo taken on May 18, 2020 shows the building of the Bombay Stock Exchange (BSE) in Mumbai, India. (Xinhua/Fariha Farooqui)
NEW DELHI, March 14 (Xinhua) -- Stock markets in India plummeted on Wednesday, rendering losses to the tune of 14 trillion Indian rupees (around 169 billion U.S. dollars), said media reports.
While Sensex fell by 1,109 points to 72,558, Nifty slipped by 422 points to 21,913.
A total of 223 stocks hit their 52-week lows, underscoring the widespread negative sentiment prevailing in the market and only 89 shares managed to reach their 52-week highs on the Bombay Stock Exchange (BSE), said an online report by India Today.
Among the stocks that nosedived were PowerGrid, National Thermal Power Corporation (NTPC), Tata Steel, Bharti Airtel, Titan Company, and Tata Motors on the Sensex.
Stocks of sectors such as oil and gas, metals, consumer durables, and capital goods were the hardest hit. ■
