Sensex sinks 736pts, Nifty tests 21,800 in broad-selling; IT index sheds 3%
Stock market highlights on Tuesday, March 19: TCS was the biggest laggard on the benchmark indices, down 4 per cent after Tata Sons likely sold about 0.6 per cent stake in the company
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Closing Bell on March 19: Indian equities tumbled across the board on Tuesday as investors waited for the US Federal Reserve's interest rate decision on Wednesday. Besides, market regulator Sebi's repeated warnings against "froth" in the broader market kept the overall sentiment in check.
The S&P BSE Sensex crashed 736 points, or 1.01 per cent, to end at 72,012 levels, while the Nifty50 shut shop at 21,817, down 238 points or 1.08 per cent.
TCS was the biggest laggard on the benchmark indices, down 4 per cent after Tata Sons likely sold about 0.6 per cent stake in the company. That apart, Nestle India, IndusInd Bank, Wipro, Infosys, HCL Tech, ITC, Power Grid, Tech M, Sun Pharma, Tata Motors, L&T, Asian Paints, SBI, Axis Bank, and Ultratech Cement were the other top losers.
In the broader markets, the BSE MidCap and SmallCap indices shed 1.36 per cent and 1 per cent, respectively.
Among sectors, the Nifty IT index edged 2.9 per cent lower, the Nifty Media 2.45 per cent, and the Nifty Pharma, and FMCG 2.2 per cent each.
3:46 PM
Market breadth was fairly negative; 2,571 stocks declined, while 1,246 advanced on the BSE
3:44 PM
Sectoral ALERT:: Nifty IT index slumps 3%; TCS drops 4%
3:42 PM
BSE Smallcap Heatmap:: Rama Steel zooms 20%; Indiabulls RealEstate tanks 10%
3:41 PM
BSE Midcap Heatmap:: Torrent Power, CG Power gain up to 4%; CRISIL sheds 5%
3:39 PM
Broader Market Check:: MidCap, SmallCap indices slide over 1%; VIX rises 1.5%
3:37 PM
Sensex 30 Heatmap:: 24 Losers v/s 6 Gainers
3:36 PM
CLOSING BELL:: NSE Nifty50 plunges 238 pts to 21,817
3:34 PM
CLOSING BELL:: S&P BSE Sensex ends 736 pts lower at 72,012
3:22 PM
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Topics : Stock Market MARKET LIVE MARKET WRAP stock market trading Markets Sensex Nifty Gift Nifty S&P BSE Sensex BSE Midcap index Mid small-cap indices Global Markets Crude Oil Price Bitcoin prices Indian equity markets
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First Published: Mar 19 2024 | 7:21 AM IST