3.38 PM: Closing Bell: Sensex, Nifty fall a percent each; banks, financials top drags

Closing updates: Tracking weak global cues, the Indian equity market benchmarks the Sensex and the Nifty50 fell over a percent each on July 19.

The 30-share pack Sensex fell 734 points while Nifty plunged to 15,707.50 in intraday trade as investors fretted about rising inflation and incessant global spread of Delta variant of coronavirus.

At close, Sensex was 587 points, or 1.10 percent, down at 52,553.40 while the Nifty settled 171 points, or 1.07 percent, lower at 15,752.40.

Midcaps and smallcaps fared relatively better than their larger peers as the BSE Midcap index closed 0.58 percent lower while the smallcap index fell 0.31 percent.

News Source:- Moneycontrol

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