MUMBAI: The news of ‘fraud’ in banks in Indian stock markets caused sensation and the Sensex broke 812 points. 3.5 lakh crores of investors became clear in 1 stroke. At the end of trading, the Sensex has lost 812 points and closed at the level of 38,034.14. At the same time, the Nifty also lost 283 points and finally closed at 11222 level. The business saw heavy selling in every sector except the IT sector. TCS has been the top gainer today, while IndusInd Bank is the top loser. Talking about global signs, it has been very weak today. After the International Consortium of Investigative Journalism (ICIJ) reported on the top-secret Suspicious Activity Reports or SARs, the market began to sell. Its price was more than 2 trillion dollars globally.
In today’s trade, 27 stocks of Sensex 30 closed in the red mark. TCS, Infosys and Catech Bank have been the top gainers today. Whereas, Tata Steel, IndusInd Bank, Bharti Airtel, Mahindra & Mahindra, ICICI Bank, Axis Bank are the top losers of today. 10 of the 11 major Nifty index closed in red. The bank index has fallen by 3.5 percent and the financial index by 2.5 percent. The auto index has been falling close to 4.5 percent. There has been a weakness of 5.5 per cent in the metal and 6 per cent in the realty index. The IT index has broken more than half a percent.
