Stock Market
Market mayhem! Sensex crashes 466 points, Nifty tanks to 25,722 as metal and healthcare stocks take major beating
Mumbai/IBNS: BSE Sensex tumbled by 465.75 points while NIFTY settled at 25,722 as the market remained volatile throughout the final trading day of the week on Friday.
Sensex settled at 83,938, down by 465.75 points at the closing bell.
NIFTY fell by 155.75 points on a day the gains and losses were volatile by sharp margins as the investors remained cautious.
Most of the sectors, led by metal and healthcare, were in the red while media, banking and pharms too were vulnerable.
The market, where the investors are treading with much caution, was primarily driven by PSU banks and auto stocks.
Meanwhile, Lenskart's mainboard IPO has been unveiled for subscription.
Priced at between Rs. 382 and Rs. 402, the issue will remain open till November 4.
As per reports, the stock is likely to be listed on both the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE) on November 10.
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