Sensex tumbles 888 points, Nifty 160 points
BBN Bureau
Mumbai: Escalating tension in West Asia has put a brake for the galloping race of the stock market on Monday (April 15). Market opened witnessing a sharp fall in indices. The benchmark S&P BSE Sensex plummeted 888 points or 1.2 per cent to 73,357 level. The Nifty 50 dropped 160 points, or 0.7 per cent to 22,360 level.
In the broader market, the BSE MidCap and SmallCap indices declined 1.8 per cent and 2.47 per cent, respectively.
The broad-based selling was led by the Nifty Realty index (down 2.3 per cent), and the Nifty PSU bank index (down 1.5 per cent).
Buzzing stocks
TCS: Shares of Tata Consultancy Services, which slipped marginally by 0.5 per cent in early deals, were up 1 per cent after the IT major reported a net profit of Rs 12,434 crore, up 9.1 per cent year-on-year (Y-o-Y) on Friday post market hours. Sequentially, profit grew 6 per cent. Revenue for the quarter was up 3.5 per cent Y-o-Y at Rs 61,237 crore, and up 1 per cent QoQ.
Anand Rathi Wealth: Shares of the financial product provider dropped 1.8 per cent after Q4 net profit rose 33 per cent Y-o-Y to Rs 56.60 crore and revenue from operations grew by 29 per cent to Rs 184.30 crore.
