Stock market NSE BSE Nifty today, Sensex ends 1,545 pts lower
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Stock market Domestic equity market benchmarks BSE Sensex and Nifty 50 tumbled over 2.6 per cent on Monday, following weak global cues. Sensex tanked 1,546 points or 2.6 per cent to end at 57,492, while NSE Nifty declined 468 points or 2.7 per cent to settle at 17,149. All the 30 S&P BSE Sensex stocks ended in the deep sea of red, with Tata Steel, Bajaj Finance, Tech Mahindra, Wipro, RIL, Titan Company leading the pack of losers, down up to 6 per cent. On the sectoral front,
all the Nifty sectoral indices ended in the negative territory, falling up to 5.23 per cent. Nifty Realty was the top sectoral loser, followed by Nifty Metal, Nifty Media, Nifty Consumer Durables, and Nifty IT. Bank Nifty fell nearly 2 per cent to finish trade at 36,948.
Nervous investors entered the pre-Budget week low on confidence, as they awaited the outcome of a two-day Fed policy meet starting Tuesday with the expiry of monthly derivatives contracts looming large. Investors have to move cautiously, analysts advised. All sectoral indices bled, with stocks of new-age tech companies the worst hit. India VIX meanwhile surged over 11% to 21 level. Here are the key highlights from trade today.
- Paytm, Nykaa, Zomato hit new 52-week lows
- Voda Idea tanks 5% after a flop show in Q3
- Bitcoin, Ethereum, altcoins steady after tumbling
- PTC India Financial falls 8% on India market regulator notice
- Smallcap index tanks 4%, midcap 3% in Monday Mayhem
- Investors lose over Rs 17 lakh crore in 5-day selloff so far
Sensex ends 1,550 pts lower, Nifty near 17,150; Metal, IT, Realty top losers
The benchmark Sensex slumped 1545.67 points or 2.62 per cent to 57,491.51 points against its previous session’s close. The Nifty 50 of the National Stock Exchange tumbled 468.05 points or 2.66 per cent to 17,149.10 points against its previous session’s close.
There has been broad-based selling pressure. All the Sensex scrips were in the red. Out of the 30 scrips that are part of the Sensex, 18 suffered over 2 per cent of loss.
Bajaj Finance crashed 6.24 per cent to ₹6913.15. Tata Steel dipped 5.91 per cent to ₹1100.00. IT stocks were under heavy selling pressure. Tech Mahindra crashed 5.35 per cent to ₹1508.85. Wipro tumbled 5.44 per cent to ₹572.30. HCL Technologies slumped 3.87 per cent to ₹1122.60 and Infosys slumped 2.87 per cent to ₹1734.75. The index heavyweight Reliance Industries Limited slumped 4.06 per cent to ₹2377.55. BSE midcap and smallcap indices fell 4 percent each.
On the Nifty, JSW Steel and Bajaj Finance lost over 6% each. Tata Steel, Grasim, and Hindalco were also among top losers. Only Cipla and ONGC gained. ICICI Bank was among the most active stocks. There were only 2 advances and 48 declines in the Nifty 50 index.