Bears Tighten Grip On D-street: Key Factors Behind Sensex Falling Over 800 Points – News18
Last Updated:
Bears Prowl On D-Street: Indian benchmark indices, Sensex and Nifty, opened lower for the sixth consecutive session on Wednesday
Stock Market Crash
Stock Market Crash Today: Indian benchmark indices, Sensex and Nifty, opened lower for the sixth consecutive session on Wednesday, pressured by declines in Reliance Industries, ITC, and M&M, amid concerns over U.S. tariffs and the earnings outlook.
At 10 AM, the BSE Sensex stood at 75,486.29, down by 807.31 points, or 1.06%, while the Nifty50 was at 23,834.15, lower by 237.65 points, or 1.03%.
On the sectoral front, the Nifty Bank, Auto, Metal, Pharma, Realty, Consumer Durables, and Oil & Gas indices all saw declines ranging from 1% to 2.5%.
In the broader market, the Nifty Smallcap100 index dropped by 2.9%, while the Nifty Midcap100 fell by 2.3%. Small and midcap stocks are approaching bear market territory, having declined around 20% from their all-time highs.
The total market capitalization of BSE-listed companies decreased by Rs 7.86 lakh crore, settling at Rs 400.66 lakh crore.
