Sensex tanks 330 pts as Moody’s cuts India credit outlook

Times of India | Nov 8, 2019 at 10:26 AM
  • Mumbai, Nov 8 () Equity benchmark BSE Sensex tumbled 330 points on Friday, tracking losses in IT, FMCG, metal and energy stocks after Moody’s cut India’s credit rating outlook citing growth concerns.
  • It, however, pared all gains to end 330.13 points, or 0.81 per cent lower at 40,323.61.
  • Yes Bank, IndusInd Bank, ICICI Bank, Kotak Bank, Tech Mahindra and HCL Tech rose up to 3.76 per cent.