MARKET UPDATE: Sensex slumped over 1,500 points as it slipped below the 53,000 level and Nifty shed 400 points to moved below 15,800


Published On: Monday, June 13, 2022 | By:

MARKET UPDATE: Sensex slumped over 1,500 points as it slipped below the 53,000 level and Nifty shed 400 points to moved below 15,800

The Indian equity markets cracked on the bourses today(13 June 2022), bleeding under global pressure. The S&P BSE Sensex slumped over 1,500 points as it slipped below the 53,000 level and the Nifty50 shed 400 points to move below 15,800. All sectors also held steep losses led by Nifty PSBs that cracked 4 percent. Nifty Realty, Banks, and Financials were the next top losers, sliding 3 percent each. The broader markets were also in tandem with the frontline indices. The BSE MidCap and SmallCap indices tanked 2.3 and 2.4 percent, respectively. LIC slips 4% as anchor investor lock-in ends; down 28% from the issue price. In the currency market, the rupee yet again slumped to an all-time low as it breached the 78/$- mark.

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