Sensex Tumbles 455 Points to Settle at 78,499.17, Nifty Below 24,600, Bajaj Twins Among Top Losers
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11 Articles
Sensex Drops 455 Points, Nifty Slips Below 24,600 as Markets Close in Red Amid Volatile Oil Prices
Get latest articles and stories on Business at LatestLY. Indian markets closed the week in red following broad-based profit booking and selling pressure in key sectors, particularly private banks and financial stocks. The BSE Sensex dropped 455.59 points, or 0.58 per cent, to finish at 78,499.17 points, while the NSE Nifty 50 slipped 65.35 points, or 0.27 per cent, to close at 24,570.65 points. Business News | Sensex Drops 455 Points, Nifty Slip…
Stock Market Fall: At the close of the stock market on Thursday, August 6, the market cap of companies listed on the BSE was ₹4,94,94,539.903 crore. Shortly after the market opened on Friday, it fell to ₹4,93,36,740.32 crore. Stock markets fall after two days of gains; Sensex tumbled up to 503 points, investors' wealth decreased by ₹1,570,000 crore.
Sensex opens 439 points lower, Nifty slips below 24,600 as oil prices surge - The Tribune
The Indian benchmark indices opened with a gap-down on Friday with Sensex losing over 400 points and Nifty sliding below 24,600 level as oil prices surged amid renewed concerns over the Strait of Hormuz.
Sensex drops over 200 points, Nifty tests 23,600 as Strait of Hormuz tensions rattle oil markets
Indian stock markets opened lower on Friday as oil prices increased. Concerns over Iran potentially closing the Strait of Hormuz impacted investor sentiment. Bajaj Finance and Bajaj Finserv shares led the declines on the Sensex. IT stocks like TCS and Tech Mahindra bucked the trend with gains. Analysts suggest market consolidation is likely before an eventual upside breakout.
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