Benchmark domestic equity indices slumped for the fourth consecutive session today amid weak global cues. The Sensex plunged one thousand 456 points or 1.92 per cent to close at 74 thousand 559. The Nifty shed 436 points or 1.83 per cent to settle at 23 thousand and 380. The broader market on the National Stock Exchange ended with deeper cuts. The Midcap 100 slipped over two and a half per cent while the Smallcap 100 tumbled nearly 3.2 per cent.
Earlier, the markets opened lower and continued to witness persistent selling pressure throughout the trading session.
In the Sensex pack, shares of 29 out of 30 companies registered losses. Among the top underperformers, Tech Mahindra tanked over 4.4 per cent, Adani Ports dropped 4.4 per cent, and HCL Tech lost 4.1 per cent. However, SBI emerged as the sole gainer, rising 0.1 per cent.
Broad based sell-off was seen across all sectoral indices at the BSE. Among the top losers, Realty nosedived 4.2 per cent, IT lost around 3.7 per cent, and Focused IT dropped 3.6 per cent.
The overall market breadth at the BSE was negative, as shares of 3 thousand 412 companies declined, 869 advanced, and 129 remained unchanged.
Earlier, the markets opened lower and continued to witness persistent selling pressure throughout the trading session.
In the Sensex pack, shares of 29 out of 30 companies registered losses. Among the top underperformers, Tech Mahindra tanked over 4.4 per cent, Adani Ports dropped 4.4 per cent, and HCL Tech lost 4.1 per cent. However, SBI emerged as the sole gainer, rising 0.1 per cent.
Broad based sell-off was seen across all sectoral indices at the BSE. Among the top losers, Realty nosedived 4.2 per cent, IT lost around 3.7 per cent, and Focused IT dropped 3.6 per cent.
The overall market breadth at the BSE was negative, as shares of 3 thousand 412 companies declined, 869 advanced, and 129 remained unchanged.
