SENSEX crashes 800 pts in morning trade, NIFTY50 slips below 22,900; Vi declines over 8%

At 10:19 AM, the S&P BSE SENSEX was trading at 75,540.79, down 752.81 points, or 0.99%, while the NSE's NIFTY50 index was trading at 22,847.25, down 224.55 points, or 0.97%.

The 30-share index of the BSE dropped as much as 862.9 points.

On the NIFTY50 index, 40 stocks were trading in the red, nine in the green, and one was unchanged.

The top five losers on the index were M&M, BEL, RIL, IndusInd Bank, and Axis Bank.

Foreign institutional investors (FIIs) net sold equities worth ₹4,486.41 crore on Tuesday, February 11.

Stocks in news

Last seen, the stock was trading 5.44% lower at ₹8.34 apiece on the National Stock Exchange (NSE).

Vi reported narrowing consolidated losses to ₹6,609.3 crore in the third quarter of the current fiscal year, compared to ₹6,985.9 crore a year ago.

Revenue from operations advanced 4% to ₹11,117.3 crore in the quarter under review as against ₹10,673.1 crore in the same period last year.

Broader Market

Selling in the broader market was brutal. At the time of writing this report, the BSE MidCap index was trading at 40,058.13, down 888.09 points, or 2.17%, while the BSE SmallCap index was trading at 45,992.86, down 1,376.41 points, or 2.91%.