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Sensex Plunges 250 Points, Nifty Fell 11,900 Mark

The equity benchmark indices started in red on Wednesday’s trading session ahead of the release of macroeconomic data. In the opening trade, the S&P BSE Sensex index was down 141.89 points to 39808.57, while the NSE Nifty 50 was 45.10 points lower to 11,920.50. At 10:37 am, the 30-share Sensex traded 264.37points or 0.66% lower at 39,686.09, and the 50-scrip Nifty was down 68.20 points or 0.57% at 11897.40. Trading between 1.46% and 2.66% lower, TCS, Maruti, Bajaj Finance, Bajaj Auto and Yes Bank were the top laggards on the Sensex pack. On the other side, Indiabulls Housing Finance, Bharti Infratel, Bajaj Auto, and Yes bank contributed least to the 50-crip Nifty index. The government of India is likely to release the consumer inflation and industrial production data later in the day. In the global markets, the MSCI’s broadest index of Asia-Pacific shares outside Japan trade flat with 0.38%, and Shanghai blue chips eased 0.5%. Meanwhile, the Sensex gained 166 points or 0.42% to settle at 39,950, and the broader Nifty ended 43 points or 0.36% higher at 11,966. (Harleen Sandhu)

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