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Tuesday, August 13, 2024

Sensex slides nearly 700 points on global cues, profit-taking

On Tuesday, global market weakness and geopolitical tensions led to a strong selloff in Mumbai markets, with the Sensex dropping nearly 700 points and Nifty down by 208 points. Foreign funds aggressively sold off, leading to a net loss. Major sectors like banking and IT saw significant declines, although two companies had strong listings amid the broader market downturn.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2jHEKZ8

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