Sensex down 350 points
BBN Bureau
Mumbai: Fast worsening West- Asian situation continues to haunt the stock market and under its impact the indices are moving further down on Tuesday (April 16).
At the opening the S&P BSE Sensex slipped 350 points or 0.5 per cent to 73,033 level, while the NSE Nifty 50 war near 20,200 points.
The index heavy weights such as LTIMindtree, NTPC, Infosys, TCS, Bajaj Finance, Tech M, IndusInd Bank, Axis Bank, Apollo Hospitals, and HCL Tech weighed on the benchmarks as they fell in the range of 1 per cent to 3 per cent.
In the broader markets, the BSE MidCap and Smallcap indices were ruling 0.15 per cent and 0.6 per cent higher, respectively. With this, the volatility gauge, India VIX, edged 2 per cent higher.
The m-cap of all the BSE listed companies, too, came down to Rs 392 trillion from a record level of Rs 402 trillion hit earlier in April.
Among sectors, only the Nifty Media, and Auto were slightly higher, while all other indices were in the negative zone.
