Sensex Today | Stock Market LIVE Updates: The indices are in the middle of a major sell-off. The Nifty index is down over 150 points. Stocks like M&M, TCS, and others pulling the index down
Sensex Today | Stock Market LIVE Updates: The markets are in the middle of a sell-off maelstrom, as the Nifty index has declined by close to 200 points, slumping to 25,160. The Sensex index also declined significantly by over 650 points, pushing the Sensex below the 83,000 mark.
The banking index, after holding the shore in the early hours of the day’s trade, also declined by about 0.50%.
And it’s not just the marquee indices; the broader market also felt the heat, as the small-cap and midcap indices slumped by over 1%, making the overall decline in the day’s trade far more widespread.
The shares of Genmark shot up 10%. The Zee Entertainment stocks tanked by 4.04%. After the results, the shares of TCS and Tata Elxsi declined significantly.
This is in addition to the Nifty IT, which is trading under pressure, with major stocks including Infosys, HCL Tech, Wipro, and Coforge all trading in red.
When we look at the broader markets, the indices are trading under pressure. The small-cap and mid-cap indices are trading in red, with small-cap seeing a major sell-off.
Watch this space for all the live updates.