Sensex tanks over 1,000 pts on feeble world cues; Nifty below 15,950; ITC rises post stellar Q4 demonstrate

Dalal Boulevard stocks sank on Thursday morning, as concerns over excessive inflation eating into company profitability renewed promoting stress on Wall Boulevard overnight, sending Asia deep within the red. Historical quarterly finally ends up in other places, along side that of internet wide Tencent in China, added gasoline to the fireplace. At 9.20 am, the BSE Sensex became trading 1,059.69 capabilities or 1.95 per cent decrease at 53,148.84. The index fell 1,155 capabilities in early replace to hit a low of 53,053.75. Nifty50 became trading at 15,926.25, down 314 capabilities or 1.93 per cent. Midcap and smallcap indices fell up to 2.6 per cent.

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