Markets fall for 2nd day amid weak global equities, Nifty dips 30.15 points
Benchmark indices finished on a weak note on Thursday, extending their previous day's decline amid a negative trend in global equity markets after the US Fed hiked interest rates by 75 basis points.
The 30-share BSE Sensex declined 69.68 points or 0.11 per cent to settle at 60,836.41. During the day, it tanked 420.95 points or 0.69 per cent to 60,485.14.
Similarly, the broader NSE Nifty dipped 30.15 points or 0.17 per cent to end at 18,052.70.
From the Sensex pack, Tech Mahindra, PowerGrid, NTPC, Infosys, Wipro, HDFC, Tata Consultancy Services and Mahindra & Mahindra were the major laggards.
State Bank of India, Titan, Bharti Airtel and Hindustan Unilever were among the winners.
Elsewhere in Asia, markets in Seoul, Shanghai and Hong Kong ended lower.
Stock exchanges in Europe were trading in the negative territory in mid-session deals. Wall Street had ended significantly lower on Wednesday.
"Fed's refusal to tone down the rate hike narrative shattered the global markets as ...