Sensex plunged by as much as 280 points as the stock market plunged due to a slump in global markets.

Equities: Domestic equities ended lower for the second consecutive day post-Budget due to a softer trend in global markets. At the close of trade, the Mumbai Stock Exchange (BSE) Sensex fell 280.16 points, or 0.35 per cent, to close at 80,148.88. Along with this, the National Stock Exchange (NSE) Nifty also lost 0.24 per cent or 65.55 points to settle at 24,413.50 points. Earlier, the Sensex was down 233.7 points at 80,195.34 and the Nifty was down 73.45 points at 24,405.60 in early trade. 19 Sensex stocks ended with losses. Losers included Infosys, ICICI Bank, Mahindra & Mahindra, L&T, Ultratech Cement, Bharti Airtel, HDFC Bank, HCL Technologies, Maruti Suzuki India, IndusInd Bank, Nestle India, Kotak Mahindra Bank, JSW Steel, State Bank of India and Adani. These include Harbours, Hindustan Unilever, Bajaj Finance, Axis Bank and Bajaj Finserv. Tech Mahindra, National Thermal Power Corporation, Tata Motors, Sun Pharma, Powergrid, Asian Paints, Reliance Industries, ITC, Tata Steel, Titan and TCS were among the 11 gainers. Also Read: Income tax: New tax slab has Rs 1.75 lakh benefit, old Rs 10 lakh no tax Know how soft trend in global markets is soft in global markets As well as in Asian markets. In Asian markets, Japan's Nikkei, Hong Kong's Hang Seng, South Korea's KOSPI and China's Shanghai Composite posted declines, while European markets remained soft. The US Dow Jones stock market is also trading lower. In the international market, gold gained 0.18 percent to settle at $2,412.37 a barrel. In the global oil market, Brent crude oil rose 0.33 percent to trade at $81.76 per barrel. Also Read: NPS Vatsalya: Children of working people will also get pension, apply for it The post Sensex falls 280 points due to weakness in global markets appeared first on Prabhat Khabar.