• Saturday, August 20, 2022

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Indian Shares Record Free-fall After Robust Surge on Monday Amid Weak Global Cues

An Indian stock trader looks at share prices during intra-day trade at a brokerage house in Mumbai on February 6, 2018 (Photo Credit: INDRANIL MUKHERJEE/AFP/Getty Images).

By: Radhakrishna N S

Indian stocks recorded a steep fall after registering robust gains in the early morning trade on Monday (03) amid weak international market sentiments. Bench mark Bombay Stock Exchange (BSE) Sensex registered its longest losing run in over 90 days. IBSE Sensex closed over 600 points lower from intraday high recorded earlier in the day to close at  38312.52 points, fall of 332.55 points or 0.86 per cent when compared to the previous close. National Stock Exchange (NSE) Nifty 50 index closed at 11,582.35 points, a decline of 0.84 per cent or 98.15 points. Earlier, the BSE Sensex jumped nearly 300 points on fresh buying in IT, tech, and…

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