BSE Sensex and Nifty50, the Indian equity benchmark indices, crashed in trade on Thursday. While BSE Sensex tanked over 1,300 points, Nifty50 went below 24,000.

Infosys fell 2.86 per cent to Rs 1,869.16. Tech Mahindra, HCL Tech and TCS fell 2.68 per cent, 1.91 per cent and 1.42 per cent, respectively. M&M fell 2.52 per cent to Rs 2,934.7. The auto major recently unveiled of two electric SUV models.

Stock market plunges amid global concerns, Sensex and Nifty drop sharply, IT sector hit hard, investors advised caution.

Several stocks rallied as much as 15% in Mumbai trading on Thursday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the amid brisk in frontline bluechip counters. Stocks that surged in excess of 15% included,

The BSE’s 30-share Sensex slid 1,039.26 points to 79,194.82, after opening at 80,281.64, compared to the previous close of 80,234.08. At 2:00 pm, the index was trading at 79,438.81, down 0.99 per cent.

Headline indices Nifty 50 and Sensex fell sharply after a lacklustre opening on Thursday, pressured by the losses in banking and information technology, as escalating geopolitical tensions resulting from the Russia-Ukraine war dented investor sentiment.

People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters) At 2:50 pm IST, the benchmark BSE Sensex fell by a whopping 1,163.92 points or by 1.

This has raised concerns about reduced client spending, a key driver for Indian IT firms with significant exposure to the US market. Global Rate Concerns Impacting Sentiment Krishna Rao, co-head of equity broking at JM Financial Services,