Sensex tanks 780 points on renewed trade uncertainties
Rediff·2026-01-08 11:25
Equity benchmark indices Sensex and Nifty fell sharply by nearly 1 per cent on Thursday, continuing their weak momentum for the fourth straight session, due to renewed concerns over potential US tariff hikes amid widespread selling pressure in global markets.Photograph: Francis Mascarenhas/ReutersDeep losses in metal, oil & gas, and commodity stocks amid unabated foreign fund outflows added to the pressure, analysts said.The 30-share BSE Sensex tanked 780.18 points, or 0.92 per cent, to settle at 84,180.96. ...