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Double whammy on the economic front! Rupee crosses 81, Sensex breaks over 1,000 points, 5 lakh crores lostOUS News

The stock market registers three strong falls in a row

On Friday, the stock market recorded three sharp falls for the third time in a row. BSE Sensex closed with a loss of more than 1,000 points. The Sensex closed at 58,098.92 points, down 1,020.80 points, or 1.73 percent. At one point during trading, it had fallen to 1,137.77 points. At the same time, the Nifty of the National Stock Exchange also closed at 17,327.35, down 302.45 points, or 1.72 percent.

Among Sensex shares, PowerGrid shares lost the most at 7.93 percent. Shares of Mahindra & Mahindra, State Bank of India, Bajaj Finserv, Bajaj Finance, NTPC, HDFC and IndusInd Bank also suffered heavy losses.

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