Business Desk :Benchmark indices tumbled in the first trading session of this week as rising Omicron cases posed a threat to the global economic recovery.
Sensex slumped 1189 points to end at 55,822 and Nifty fell 371 points to 16,613.Tata Steel , IndusInd Bank, Bajaj Finance, SBI, HDFC Bank and NTPC were the top Sensex losers, falling up to 5.21 per cent.
HUL and Dr Reddy’s were the only Sensex gainers, rising up to 1.64%. Market cap of BSE-listed firms fell to Rs 252.49 lakh crore.]
BSE midcap and smallcap indices fell 839 points and 940 points, respectively.
On the sectoral front, banking shares led the losses with BSE bankex losing 1298 points to 39,189.
BSE capital goods and consumer durables indices fell 849 points and BSE consumer durables indices slumped 849 and 922 points , respectively. All 19 BSE sectoral indices ended in the red.
The market breadth was negative with 741 shares ending higher against 2,696 stocks in the red. 123 shares were unchanged.