09/09/2020
Domestic equity market benchmarks BSE Sensex and Nifty 50 tumbled in Wednesday’s session, following a rout on Wall Street mainly driven by tech stocks. The 30-share Sensex was hovering around 38,200, while the Niffty 50 index breached the crucial 11,300 mark on the downside. Out of 30 Sensex stocks, just 7 scrips were trading in the green with Asian Paints and Reliance Industries as top index gainers. Meanwhile, RIL announced that Silver Lake will invest Rs 7,500 crore in Retail Retail. Other gainers were Bharti Airtel, TCS, Titan Company, Infosys and Tech Mahindra. On the contrary, ONGC was the top Sensex laggard, down 3.5 per cent followed by State Bank of India, ITC, NTPC and Tata Steel.