New Covid variant spook: Sensex crashes over 1,200 points, Nifty dips below 17,200-mark


New Delhi: The benchmark equity indices nosedived on Friday as BSE Sensex crashed by more than 1,400 points and the Nifty 50 index dropped below its prime psychological level of 17,200. An increase in Cocid cases in Europe has weakened global market sentiment.

Equity indices opened in the red on Friday with Sensex down by 832.10 points and Nifty down by 249.70 points.

The 30-scrip BSE Sensex was down by 832.10 points or 1.42 per cent at 57962.99 at 9.25 am.

Similarly, 50-scrip NSE Nifty was trading at 17286.60 at 9.25 am, down by 249.70 points or 1.42 per cent.

On the Sensex, the realty and metal sectors plunged. Only the healthcare sector has managed to trade in positive at 0.82.