SME Times News Bureau | 10 Dec, 2018
Broadly negative Asian stock exchanges along with a rise in
global crude oil prices and domestic political uncertainty pulled the key
indices of the Indian equity market lower on Monday.
The Sensex nosedived 713 points to end at 34,959, while the
Nifty plunged to 10,488, down 205 points - or 1.9 per cent - from the previous
The Nifty MidCap also fell more than 2 percent, while the
BSE MidCap slipped nearly 2 percent. Only 6 Nifty shares ended higher with
large cap private bank stocks dragging indexes.
Asian equities ended with huge losses today as the sentiment
remained sour over fears of slowing global economic growth and due to tensions
between the US and China.