TIL Desk/Business/Mumbai/ The benchmark BSE Sensex cracked over 550 points Monday as investors turned jittery over exit poll results ahead of outcome of state elections, weakening rupee and crude oil price rise amid escalation in US-China trade tensions.
The 30-share index plummeted 551.74 points, or 1.55 per cent, to 35,121.51 in opening session. All stocks in the index were trading in the red. In similar movement, the NSE Nifty slumped 172.95 points, or 1.62 per cent, to 10,520.75.
The Sensex had rallied 361.12 points, or 1.02 per cent, to close at 35,673.25 Friday, and the broader Nifty had jumped 92.55 points, or 0.87 per cent, to 10,693.70 in the previous session. The carnage on Dalal Street was led by metal, realty, banking and auto stocks.
Top losers include Reliance Industries, Adani Ports, PowerGrid, Coal India, Asian Paints, Kotak Bank, ONGC, Vedanta, Yes Bank, Bharti Airtel, Hero MotoCorp and ICICI Bank, falling up to 4 per cent.
