Sensex tanks 885 points, Nifty closes at 9,150

New Delhi: Markets ended with deep cuts on Thursday dragged by losses in index heavyweights, weak international cues and the quantum of fiscal announcement by the federal government.

As per market analyst, sentiments stay dented due to the uncertainty across the kick begin of financial development.

The BSE Sensex fell 885.72 factors or 2.77 % to 31,122.89. On the opposite hand, the NSE Nifty tanked 233.45 factors or 2.49 % to 9,150.10.

The rupee in the meantime slipped 10 paise to shut at 75.56 (provisional) towards the US greenback.

Sensex crashed over 955 factors through the day. Tech Mahindra was the highest laggard within the Sensex pack, cracking over 5 per cent, adopted by Infosys, HDFC, IndusInd Bank, Reliance Industries and NTPC. On the opposite hand, Hero MotoCorp, L&T, Maruti, ExtremelyTech Cement and Sun Pharma led the gainers’ chart.

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