ADVERTISEMENT

Closing Bell: Sensex, Nifty Down 0.25% a Day After Meta Loses $237 Billion

On 3 February, tech giant Meta saw an unprecedented single-day plunge of 26% – over $237 billion – in its stock.

Updated
Business
2 min read
Closing Bell: Sensex, Nifty Down 0.25% a Day After Meta Loses $237 Billion
i

Benchmark indices ended low on Friday, 4 February, amidst mixed cues post Budget session. At closing, the Sensex was down 143.20 points or 0.24 percent at 58,644.82, and the Nifty was down 43.90 points or 0.25 percent at 17,516.30.

Sectorally, the BSE Realty index was the worst hit – 2.83 percent.

Sharda Cropchem, DCM Shriram, Hindustan Copper, and Torrent Power were among the top gainers on the NSE indices, while ONGC and Sun Pharma were trading in the green on the BSE indices.

On the other hand, Godrej Properties, Venky's (India), and Radico Khaitan, who were trading in a sea of red, were among the top losers on the BSE indices, while Hero MotoCorp, NTPC, and SBI traded in the red on the NSE indices.

The broader indices too ended with losses in the range of 0.7-1.7 percent.

ADVERTISEMENT

On Thursday, 3 February, tech giant Meta (formerly Facebook) saw an unprecedented single-day plunge of 26 percent – over $237 billion – in its stock.

On Friday morning at 9:45 am, Zomato saw a fall of 0.70 percent, trading at Rs 96.40 on the NSE index, while PayTM was up 0.74 percent at Rs 951.50.

Fashion e-commerce company Nykaa saw an incline of 0.29 percent, while Wipro was down 0.54 percent at Rs 575.15.

Meanwhile, Bitcoin was up 8,705.19 points up on Friday morning, trading at 27,88,565.30.

After the crash on Thursday, Facebook CEO Mark Zuckerberg lost 23.34 percent of his net worth. At $87.7 billion, he slipped to the 12th position in the Forbes real-time billionaires index – marginally behind India's Mukesh Ambani and Gautam Adani.

(With inputs from Economic Times.)

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

Read and Breaking News at the Quint, browse for more from news and business

Topics:  Sensex   Nifty   Indian Stock Market 

ADVERTISEMENT
Published: 
Edited By :Tejas Harad
Speaking truth to power requires allies like you.
Become a Quint Insider
25
100
200

or more

PREMIUM

3 months
12 months
12 months
Check Insider Benefits
Read More
ADVERTISEMENT
Stay Updated

Subscribe To Our Daily Newsletter And Get News Delivered Straight To Your Inbox.

Join over 120,000 subscribers!
ADVERTISEMENT
More News
×
×