Sensex slumps over 400 pts in early trade; Nifty slips below 16,500

Equity benchmark Sensex tanked over 400 points in early trade on Friday, tracking losses in index majors Reliance Industries, HDFC Bank and ICICI Bank amid a selloff in other Asian equities. The 30-share index was trading 445.02 points or 0.80 per cent lower at 55,184.47, while the broader NSE Nifty slumped 147.10 points or 0.89 per cent to 16,421.75.

Equity benchmark Sensex tanked over 400 points in early trade on Friday, tracking losses in index majors Reliance Industries, HDFC Bank and ICICI Bank amid a selloff in other Asian equities. The 30-share index was trading 445.02 points or 0.80 per cent lower at 55,184.47, while the broader NSE Nifty slumped 147.10 points or 0.89 per cent to 16,421.75. August 20, 2021 at 10:04AM https://ift.tt/37XZ6gR