Benchmark Sensex nosedived 1,628 points or 2.23 per cent on Wednesday, marking its biggest single-day slide in more than one-and-a-half years following an intense sell-off in banking, metal and oil shares triggered by weak global trends. The 30-share BSE Sensex plunged 1,628.01 points or 2.23 per
India Business News: The BSE Sensex recorded its worst single-day crash in 16 months, leading to concerns about whether the market rally is taking a breather. Find out more about the factors contributing to the crash and the impact on banks and other sectors.
All 12 Bank Nifty names were in the red. Other than HDFC Bank s disappointing Q3 show, cautious outlook for private banks also hit investor sentiment, leading to sharp selling in the banking pack
HDFC Bank plunged 7.91 per cent to Rs 1,546.10. YES Bank shares tanked 3.54 per cent to Rs 24.76. City Union Bank fell 3.39 per cent to Rs 145.15. RBL Bank was down 3.35 per cent to Rs 283.75.