Sensex crashes 695 points to hit 61,054, Nifty ends the day at 18,050 as banking stocks slide

Sensex crashes 695 points to hit 61,054, Nifty ends the day at 18,050 as banking stocks slide

Apart from HDFC and HDFC Bank that lost 6 per cent value, IndusInd and Tata Steel were also among the worst laggards.

FPJ Web DeskUpdated: Friday, May 05, 2023, 03:40 PM IST
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Dragged by banking stocks down after HDFC's merged entity being assigned lower weightage, Sensex crashed by 695 points to end the week at 61,054. With Bank Nifty in the red, Nifty also dropped to 18,050.

Apart from HDFC and HDFC Bank that lost 6 per cent value, IndusInd and Tata Steel were also among the worst laggards.

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