Sensex plummets 450 points in early trade, Nifty falls below 19,400 mark
Business | Oct 04, 2023, 10:29 AM ISTThe BSE Sensex recorded a substantial decline of over 450 points, while the NSE Nifty dipped below the 19,400 mark.
The BSE Sensex recorded a substantial decline of over 450 points, while the NSE Nifty dipped below the 19,400 mark.
At the opening bell, the Sensex stood at 65,511, while the broader Nifty index was at 19,537. This downward trend in the stock market reflects cautious sentiment among investors.
The trading session was marked by volatility associated with the expiry of futures and options (F&O) contracts, as well as the influence of weakened global cues.
In the opening bell on Thursday, the 30-share BSE Sensex climbed 287.32 points to 66,406.01 in early deals. The Nifty advanced 50.2 points to 19,766.65.
The Nifty 50 concluded the day at 19,728.25, gaining 63.55 points or 0.32 per cent, while the BSE Sensex, a 30-share benchmark, surged by 173 points or 0.26 per cent to close at 66,118.69.
The 30-share BSE Sensex fell 202.34 points to 65,743.13. The Nifty declined 60.55 points to 19,604.15.
Market breadth showcased a balanced picture with 1,791 stocks advancing, 1,756 stocks declining, and 122 stocks remaining unchanged.
The 30-share BSE Sensex fell 98.14 points to 65,925.55. The Nifty declined 18.75 points to 19,655.80.
The BSE Sensex managed to secure a modest gain of 15 points, closing at 66,024, while the Nifty 50 remained nearly unchanged, concluding at 19,675 points.
The 30-share BSE Sensex fell 136.61 points to 65,872.54. The Nifty dipped 39.7 points to 19,634.55.
After oscillating nearly 500 points between gains and losses during the day, the 30-share BSE Sensex declined 221.09 points or 0.33 per cent to settle at 66,009.15.
The 30-share BSE Sensex climbed 187.71 points to 66,417.95 in early trade. The Nifty advanced 49.8 points to 19,792.15.
The central bank's decision, coupled with its commitment to a potential rate hike later this year, triggered a negative sentiment in the Indian stock market.
The losses came amid a backdrop of mixed global cues, with investors keeping a close eye on the upcoming US Federal Reserve policy outcome.
Sensex Nifty today: Indian stock indices extended losses from the previous session and edged sharply lower today, tracking weak overnight US markets coupled with rising global crude oil prices amid the strengthening of the US dollar.
The 30-share BSE Sensex registered a decline of 241.79 points or 0.36%, settling at 67,596.84 after a day of volatile trading.
The 30-share BSE Sensex was down by 266.66 points at 67,572.27, and the Nifty was down 67.40 points at 20,124.90.
Sensex rose 319.63 points to close at fresh lifetime high of 67,838.63 while Nifty climbed 89.25 points to record 20,192.35. This bullish trend was further supported by the performance of individual stocks.
The 30-share BSE Sensex opened at 67,659.91, up by 140.91 points. The Nifty advanced 53 points to reach 20,156.45 points.
Notably, the Nifty 50 reached a new milestone by hitting an all-time high of 20,167.65, and the BSE Sensex also joined the rally by achieving a fresh all-time high of 67,771.05 points in the early trading session.
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