Stocks News

Sensex On the present time | Stock Market LIVE Updates: Sensex down 1,300 parts as promote-off intensifies, Nifty slips beneath 23,600

HouseMarket RecordsStock Market Highlights: Sensex tanks over 1,200 parts, Nifty ends beneath 23,650 amid enormous promote-off

Profile image

By CNBCTV18.COM Jan 6, 2025 3:54 PM IST (Up so some distance)

Sensex On the present time | Stock Market Highlight: The Sensex tumbled 1,258 parts to cease at 77,965, whereas the Nifty slumped 389 parts to make a decision at 23,616, breaching key technical ranges, including the 20-day and 50-day shifting averages.

Stock Market Highlights: Sensex tanks over 1,200 parts, Nifty ends beneath 23,650 amid enormous promote-off

Sensex On the present time | Stock Market Highlights:  The Indian equity markets witnessed a intriguing promote-off on Monday, with the benchmark indices ending come the day’s lows. The broader market underperformed, with the Nifty Smallcap 100 index plunging extra than 3%. The Nifty Midcap 100 also took a chief hit, shedding 1,564 parts to cease at 56,367.

All sectoral indices ended within the pink, with the Nifty PSU Bank index main the losses, down 4%. Most banking shares were under stress following muted quarterly updates, with Union Bank of India falling nearly 8%. Kotak Mahindra Bank slipped over 3% after the resignation of its COO and CTO.

Bucking the overall week sentiment, Nykaa rose nearly 4% on sturdy Q3 updates, whereas Titan also ended increased. Easy Outing noticed gains of nearly 4% after its promoter Nishant Pitti clarified there were no plans for a extra stake sale. Happy FoodWorks rose 1%, and Devyani World gained practically 6% on sturdy Q3 efficiency. Diagnostic firms Dr. Lal PathLabs and Metropolis Healthcare climbed nearly 2% every following a Kotak upgrade and quarterly updates.

BSE-listed firms collectively erased nearly ₹10 lakh crore in market capitalisation. The rupee hit a story low of 85.83 in opposition to the US dollar.

Read More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button