Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.


Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence


Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
Needmore seats to Win
Needmore seats to Win
1-min read

Sensex Plunges 356 Points, Nifty Drops Below 11,300-Mark

Asian and European stocks dropped as the latest escalation in the Sino-US trade spat weighed on investor sentiment.


Updated:August 2, 2018, 4:07 PM IST
Sensex Plunges 356 Points, Nifty Drops Below 11,300-Mark
File photo of the Bombay Stock Exchange.
Mumbai: Benchmark Sensex tanked 356 points to close at a one-week low of 37,165.16 on Thursday, while the NSE Nifty ended below the 10,300-mark on widespread selling amid weak global cues.

Asian and European stocks dropped as the latest escalation in the Sino-US trade spat weighed on investor sentiment.

Heavy selling by foreign and domestic institutional investors after RBI's rate hike on Wednesday added to the selling pressure.

The 30-share Sensex stayed in the negative zone for the whole day and ended at 37,165.16, showing a loss of 356.46 points, or 0.95 per cent.

This is its lowest level since July 26, when it had closed at 36,984.64.
The gauge had lost 84.96 points in the previous session.

The broader Nifty too succumbed to selling pressure and hit a low of 11,234.95, before ending at 11,244.70, down 101.50 points, or 0.89 per cent.
Profit-booking by participants in view of the domestic markets' recent record-setting run fuelled the downtrend, brokers said.

On a net basis, foreign portfolio investors (FPIs) sold shares worth Rs 95.94 crore, while domestic institutional investors (DIIs) offloaded equities to the tune of Rs 562.33 crore on Wednesday, provisional data showed.
(Get detailed and live results of each and every seat in the Lok Sabha elections and state Assembly elections in Andhra Pradesh, Odisha, Arunachal Pradesh and Sikkim to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you don a psephologist’s hat and turn into an election expert. Know interesting facts and trivia about the elections and see our informative graphics. Elections = News18)
| Edited by: Naqshib Nisar
Read full article
Next Story
Next Story

Also Watch


Live TV

Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results