Sensex crashes 1000 points, Nifty below 17,300

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Mumbai: Sensex crashed over 1000 points to 57,945 amid weak global cues. Nifty tanked over 300 points to 17,294.

Tech Mahindra and Titan were the top losers on Sensex, declining over 4 per cent each.

The 30-share BSE Sensex plunged 2,185.85 points, or 3.57 per cent, to 59,037.18 on January 21 against 61,223.03 on January 14. Likewise, the 50-share NSE Nifty index cracked 638.60 points, or 3.50 per cent, to 17,617.15 during the same period.

Shares of telecom major Vodafone Idea fell over 5% in early trade after the firm reported a widening of loss to Rs 7,231 crore for the quarter ended December 2021.

The firm reported a net loss of Rs 4,532 crore in the year-ago period. The stock lost 5.04% to Rs 11.30 against the previous close of Rs 11.90 on BSE.

Shares of Zomato Limited crashed 19 per cent to hit an all-time low of Rs 91.70 on BSE.

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