Sensex plunges nearly 483 pts on sell-off in IT, banking stocks
Benchmark BSE Sensex tumbled by nearly 483 points on Monday due to selling in IT, capital goods and banking shares following losses in global equities on worries over high-interest rates. The 30-share index tanked 482.61 points or 0.81 per cent to close at 58,964.57 with 23 of its constituents closing in the red. During the day, it tumbled 552.78 points or 0.92 per cent to 58,894.40. The 50-issue Nifty of the National Stock Exchange declined by 109.40 points or 0.62 per cent to finish at 17,674.95 as 29 of its…
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