Indian equities faced heavy selling on April 4, with the Sensex tumbling 931 points to 75,364, while the Nifty slipped 346 points to close at 22,904. Broader markets also took a hit, with the BSE Midcap and Smallcap indices plunging over 3 per cent.
Biggest losers: Tata Steel, Hindalco, ONGC, Tata Motors, Cipla
Gainers: Bajaj Finance, Tata Consumer, HDFC Bank, Apollo Hospitals, Nestle India
Sectoral carnage:
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Metals plunged 6.5 per cent, leading the market fall
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Pharma, Oil & Gas, and Realty declined 3-4 per cent
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Auto, IT, Power, PSU, and Media lost 2-3 per cent
With over 2,700 stocks declining against 1,081 advancing, D-Street witnessed a sharp selloff, rattling investor sentiment.
(More to come…)
