Sensex tumbles 721 points to 81,833 in early trade; Nifty tanks 196 points to 25,083
Ringing
Benchmark equity indices Sensex and Nifty tumbled in early trade on Wednesday after a record-breaking rally, tracking extremely weak trends from the global markets.
The 30-share BSE Sensex tumbled 721.75 points to 81,833.69 after a weak beginning to the trade. The NSE Nifty tanked 196.05 points to 25,083.80.
Among the 30 Sensex firms, JSW Steel, Infosys, Larsen & Toubro, State Bank of India, Tata Steel, Mahindra & Mahindra, Bharti Airtel and Axis Bank were the major laggards.
Asian Paints, Bajaj Finserv, Bajaj Finance, and Hindustan Unilever were the gainers.
Source: The Telegraph and PTI