Business

Stock Market Highlights, Aug 5: Sensex tanks 2222 points Nifty ends near 24,050 amidst global thrashing News on Markets

.Stock Market Highlights today, August 5, 2024: Equity benchmark indices, BSE Sensex and the NSE Nifty, fell sharplyon Monday to finish in the hole, in tandem with losses among global peers. At shut, the Sensex was at 78,768.42, down as high as 2,222.5 points or even 2.74 per cent. The index plunged virtually 3 percent to reach the day's low of 78,296 on Monday.Mirroring the Sensex, the Nifty50 also toppled 662 points or 2.68 per-cent to work out at 24,055.6. After submitting a gap-down opening, the index rolled 3.33 per cent to strike Monday's reduced of 23,894.The concern mark, India VIX, finished at 20.37 aspects, up 42.23 percent, signifying massive dryness available. The volatility index zoomed 61 per cent intraday to 23.15 amounts, signifying its own most extensive increase due to the fact that 2015.Bears consumed as forty five away from the 50 specified supplies on Nifty50 uploaded a negative closing. Tata Motors, ONGC, Adani Slots, Tata Steel, and also Hindalco were the leading laggards, clocking approximately 7-per penny reduction.Coming from the BSE space, 28 out of the 30 elements of the Sensex ended lower, with Tata Motors and also Adani Slots being the best laggards. Only Hindustan Unilever as well as Nestle India managed to finish in the green.In the more comprehensive markets, the Nifty SmallCap and MidCap marks dropped 4.5 per cent and 3.5 percent, respectively.The sectoral indices likewise faced mayhem, ending in reddish with losses in Auto, Steel, IT, and also Financial sectors of as much as 4.85 per-cent.

Articles You Can Be Interested In