MARKET LIVE: Sensex slides 750pts, Nifty below 17,400; Metal index slips 2%

Domestic markets opened lower in Friday’s trade, amid weak global cues.


READ MORE

Opening Bell

Key indices Nifty50 declined over 200 points to trade below 17,400 levels, whereas the S&P BSE Sensex tumbled over 700 points to trade around 59,081 levels.

Broader markets, too, edged lower as Nifty Midcap 100 and Nifty Smallcap 100 indices lowered over 1 per cent each. Volatility gauge, India VIX, meanwhile, climbed over 7 per cent.

All sectors nosedived in the sea of red, with Nifty Metal index being the worst hit, over 2 per cent.

 

Among individual stocks, shares of Swan Energy surged over 6 per cent after the company’s subsidiary – Triumph Offshore Private signed an agreement to lease out its floating storage regasification vessel to Botas of Turkey.

READ LESS