News > Sensex tumbles 1000 pts; Nifty down 300; all indices in red
Sensex tumbles 1000 pts; Nifty down 300; all indices in red
Dais Newsfeed | 16/09/2022 03:09 PM | Click to read full article
Indices dropped sharply by more than 1.5% on Friday with Sensex trading 1000 points lower and Nifty 300 points. IT and Auto indices sink. UPL, Tata Consumers, M&M, Hero Motors stocks are deep in the red. IndusInd and Cipla gain.
New US retail sales data gave a mixed view of how consumers are coping with inflation in four decades. The government report showed that retail sales rose an unexpected 0.3%.