The 30-share BSE Sensex was trading 406.66 points lower at 55,519.08. The broader NSE Nifty declined 119.4 points to 16,542.
We have always seen crashes as well as corrections in stock markets. Is that possible in crypto markets? The answer probably is no.
Rupee too took a breather as it has appreciated from its all-time low of 77.42 the previous day to 77.25 this morning.
The 30-share BSE benchmark was trading 648.25 points lower at 56,412.62. The NSE Nifty declined 185.3 points to 16,917.25.
The key index was dragged down by heavyweights Infosys and HDFC Bank amid weak trend in Asian markets.
A hawkish US Federal Reserve, spiking crude oil prices and uncertainties associated with the war haven't diminished the enthusiasm of the bulls, Vijayakumar said.
Ultratech Cement was the top performer in the Sensex pack, spurting 4.69 per cent, followed by Axis Bank, IndusInd Bank, HDFC, Infosys, Bajaj Finserv and Bajaj Finance.
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From the 30-share pack, Maruti Suzuki, Mahindra & Mahindra, Larsen & Toubro and ICICI Bank were the biggest drag, tumbling up to 6.3 per cent.
The Sensex was trading 1,015 points or 1.76 per cent lower at 56,668.60, and the Nifty quoted 285.40 points or 1.66 per cent lower at 16,921.25 -- extending their losses to the fifth session in a row.
Foreign institutional investors (FIIs) were net buyers in the capital market on Friday, as they bought shares worth Rs 108.53 crore, according to stock exchange data.
Tech Mahindra was the top gainer in the Sensex pack, climbing 2.13 per cent, followed by Wipro, HCL Tech, Titan, Infosys, Bajaj Finserv, Maruti and Bajaj Finance.
Among the stocks, HDFC, L&T, SBI Life, Infosys, and Bajaj Finance were the top five losers in the morning session.
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In the previous session, the 30-share BSE index ended 634.20 points or 1.06 per cent lower at 59,464.62. Similarly, the NSE Nifty plunged 181.40 points or 1.01 per cent to 17,757.
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