Sensex Today | Stock Market LIVE Updates: The Indian markets are trading with some immense pressure as the Nifty index is trading with losses of over 200 points and has slumped below 25,650. The Nifty Bank is under pressure, as the banking index is down over 450 points, trading around the 60,100 mark. Trent, IndiGo, Ultratech, Adani Enterprises are among the biggest losers.
Benchmark indices snapped their three-day winning streak, ending at the day’s low amid broad-based selling pressure. The Sensex plunged 1,236 points to close at 82,498, while the Nifty tumbled 365 points to settle at 25,454 — a cut of nearly 1.5% each.
All 30 Sensex constituents ended in the red, and 46 of the 50 Nifty stocks closed lower. Market breadth remained firmly negative, with the NSE advance-decline ratio at 1:3. BSE-listed companies saw more than ₹7 lakh crore in market capitalisation wiped out. India VIX surged over 9%, reflecting heightened volatility.
Nifty Bank slipped 811 points to 60,740, while the Midcap index cracked 956 points to end at 59,228. All sectoral indices finished in the red, led by sharp losses in Realty.
Among Nifty losers, InterGlobe Aviation, Trent, UltraTech Cement and M&M were the top drags. In the broader market, HPCL, Persistent Systems, Paytm, Poonawalla Fincorp and Godrej Properties featured among key midcap losers.
Dixon Technologies fell over 2% after CLSA downgraded the stock to ‘hold’ and cut its target price to ₹12,100. Jindal Saw declined 5% after being barred from using the API monogram on seamless pipes.
In an otherwise weak market, ONGC and Oil India gained up to 5% as Brent crude climbed above $71 per barrel.
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