INSUBCONTINENT EXCLUSIVE:
On BSE, the overall market breadth was weak as 855 shares were advancing while 1,559 were declining.New Delhi: The Indian equity indices
fell sharply on Friday amid the ongoing Russia-Ukraine crisis
Asian equity markets suffered heavy losses while oil prices jumped as investors took fright from reports of a nuclear power plant on fire
amid fierce fighting between Ukraine and Russian troops.As of 10:29 am, the benchmark BSE Sensex crashed 1,027 points or 1.86 per cent to
54,076; while the broader NSE Nifty dived 302 points or 1.83 per cent to 16,196.Mid-and small-cap shares were trading in the negative zone
as Nifty Midcap 100 index slipped 1.29 per cent up and small-cap shares shed 1.40 per cent.Most of the sector gauges -- compiled by the
National Stock Exchange -- were trading in the red
Nifty Auto and Nifty were underperforming the index by falling as much as 2.52 per cent and 1.86 per cent, respectively, in early trade
However, Nifty Metal moved as much as 0.57 per cent higher.On the stock-specific front, Asian Paints was the top Nifty loser as the stock
cracked 5.18 per cent to Rs 2,723.25
Hero MotoCorp, Maruti, Axis Bank and Hindustan Unilever were also among the laggards.On BSE, the overall market breadth was weak as 855
shares were advancing while 1,559 were declining.On the 30-share BSE index, Asian Paints, Maruti, Axis Bank, Titan, Wipro, M-M and Bajaj
Finance were among the top losers
In contrast, Tata Steel and NTPC were trading in the green.Sensex had slipped 366 points or 0.66 per cent to close at 55,103 on Thursday;
while Nifty had moved 108 points or 0.65 per cent lower to settle at 16,498.
