Stock market news, Feb. 15 -- Benchmark equity indices Sensex and Nifty 50 fell by over 1% on Friday due to a widespread selloff, particularly in metal, IT, and commodity sectors, in response to sluggish international markets.
Traders noted that a disappointing earnings season and rising concerns regarding potential disruptions in technology stocks driven by AI also contributed to the negative sentiment.
In a day filled with volatility, the 30-share BSE Sensex dropped 1,048.16 points, or 1.25%, closing at 82,626.76. During the session, the index plummeted 1,140.37 points, or 1.36%, reaching an intraday low of 82,534.55.
On the BSE, 2,960 stocks fell, while 1,253 saw gains, and 151 remained stable.
The Nifty 50 fell by 336.10 points, e...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.