Table of Contents
New Delhi: Indian equity markets slipped sharply today with major indices trading deep in the red due to a broad-based sell-off led by auto, banking, and financial stocks. At 2 PM, the BSE Sensex had dropped 503 points, or 0.62 per cent, to 80,997, while the Nifty 50 fell 222 points, or 0.89 per cent, to 24,749. Weak market sentiment was evident across sectors, with auto companies seeing the steepest losses.
Out of the 30 stocks on the BSE Sensex, 11 were in the red. Mahindra & Mahindra led the losers, falling 1.89 per cent, followed by Maruti Suzuki India, Axis Bank, HDFC Bank, and Nestle India.
Stock Market Today: Top Gainers On BSE Sensex
However, the losses were somewhat limited by gains from Larsen & Toubro, which rose 1.44 per cent, along with Infosys, ICICI Bank, Reliance Industries, and Sun Pharma.
Stock Market Today: Top Gainers On NSE Nifty
On the Nifty 50 index, 17 out of 50 stocks were trading higher. Hindalco led the gainers, climbing 1.46 per cent, followed by Infosys, SBI, Wipro, and Larsen & Toubro.
Related News |
Sensex Slips 319 Points, Nifty Dips Below 25K: Auto & IT Stocks Drag
In contrast, Bajaj Auto emerged as the biggest drag on the Nifty 50, plummeting 7.44 per cent. Other auto majors like Hero MotoCorp, Mahindra & Mahindra, Eicher Motors, and Maruti Suzuki India also saw significant declines.
Related News |
Market Closing: Sensex Slips 230 Points; Mid & SmallCap Outperform, Tata Stocks Show Mixed Performance