Investors lose ₹7 lakh crore as Sensex, Nifty plunges to 2-month lows

By Priyanka Deshpande CNBC-TV18.com Published May 9, 2024

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[{"selector":"#anim-8171bca2-3c0d-47c9-958a-d58b48decc68","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a38c9a68-3a5d-4045-b988-0f8773efd358","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 174.31456%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] BSE-listed companies erase market cap of nearly ₹7 lakh crore on Thursday

[{"selector":"#anim-f796df7c-cf40-4316-94a7-eeb2508caf1f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-29e3d87c-8cb9-498a-a39e-1acd2396bf92","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 174.31456%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Sensex falls 1,062 points to 72,404 & Nifty 345 points to 21,958

[{"selector":"#anim-1983bb47-50ee-49ad-98d0-821c29ed2cb4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a0867a81-4260-4221-84b3-188bfed7c971","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 174.31456%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Nifty Bank slips 533 points to 47,488 & Midcap Index down 927 points to 49,109

[{"selector":"#anim-2148d32b-7a95-4ce5-9ed8-055204da90aa","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a7351fa3-3a5c-4965-84fa-f6cdc14d76a7","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 174.31456%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Stocks react sharply to earnings, Asian Paints, L&T down 5-6%

[{"selector":"#anim-c4780941-2418-4c96-97fd-c3e5dc2eb123","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b08d8f00-ee8d-4222-ab14-b9e380bb7b3c","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 174.31456%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Auto stocks, especially 2-wheelers gain in a weak session

[{"selector":"#anim-150869e2-2567-41ca-826c-1c2ec8830ff3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4912d552-f3b4-463e-9b39-da5ab242f3b7","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 175.61324%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Hero Moto & TVS’ strong earnings & healthy outlook boost sentiment

[{"selector":"#anim-b424da88-786e-4a7a-ab70-6ce5dc10c87d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7bbb239c-cae9-44bf-83df-d4dbd77b0608","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 175.61324%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] SBI closes higher on higher-than-expected results, up 2% from lows

[{"selector":"#anim-8c4b6dc2-cdcb-4740-96fe-c2892774424c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4cb6a99a-ca59-40c0-86c7-8c35299d44b6","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 175.61324%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Piramal is top midcap loser as Q4 earnings are weak, down 9%

[{"selector":"#anim-5ed6768f-6b81-4b16-ad60-819ded1d03a4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f1dad658-20f3-4a6a-afe8-9e0b0a551a8c","keyframes":{"transform":["rotate(-360deg) translate3d(0px, 231.80821%, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Muthoot & Manappuram slip on RBI’s advisory, down 4-8%

[{"selector":"#anim-c955df7d-3af1-4962-9d33-a311abbf3c6c","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Thanks For Reading! Akshaya Tritiya gold sales: Expert expects volumes to be 10-20% lower this year Read More