Sensex stoops 800 pts, Nifty below 9,050; crude oil prices slides to record low

With 30 stocks being traded at S&P BSE Sensex, 29 shares were trading in steep low with Bajaj Finance as the top loser, down 6.24 per cent, followed by IndusInd Bank, ONGC and Tata Steel.

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Share Market News Today – Sensex, Nifty and Share Prices

Domestic equity market the standard BSE Sensex and Nifty 50 were trading very lower on Tuesday as crude oil price hit a record low and turned negative on frail demand and scant storage. The 30-share Sensex was trading 775 points i.e 2.44 per cent lower at Rs 30,875, while the broader Nifty 50 fell 225 points or 2.43 per cent to 9,036.

Among the 30 stocks that makes the S&P, BSE and Sensex, 29 shares were trading in very low with Bajaj Finance as the top loser, down 6.24 per cent, followed by IndusInd Bank, ONGC and Tata Steel. Only Sun Pharma shares gained ground in the straight weak market having a gain of 0.55 per cent.

Except for  Nifty Pharma, all the other sector indices were trading in negative zone. The Nifty Metal index was down nearly 5 per cent dragged by Hindalco Industries, Jindal Steel and Vedanta. On the other hand, Nifty Pharma index was up, led by gains in Aurobindo Pharma, Cadila Healthcare and Lupin.