: Sensex tumbles 599 pts in line with global meltdown #IndiaNEWS #Social Trends Mumbai: Snapping its three-session winning run, the BSE Sensex plunged by around 599 points to crack below the key 51,000-level

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Sensex tumbles 599 pts in line with global meltdown #IndiaNEWS #Social Trends
Mumbai: Snapping its three-session winning run, the BSE Sensex plunged by around 599 points to crack below the key 51,000-level on Thursday amid a meltdown in global shares triggered by a surge in US bond yields.
Intra-day, the 30-share BSE index fell as much as 905 points before ending the session at 50,846.08, showing a decline of 598.57 points or 1.16 per cent.
The broader NSE Nifty too closed with a loss of 164.85 points or 1.08 per cent at 15,080.75.
On the Sensex chart, HDFC, L&T, SBI, Axis Bank, Bajaj FinServ and HDFC Bank were major laggards – dropping up to 2.62 per cent. Of 30 Sensex shares, 25 closed with losses.
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