Market Close Highlights, Oct 22: Sensex crashes 930 pts, Nifty ends below 24,500; all sectors in red

Stock Market Today: Bears took reign on the D-Street as 47 out of 50 constituent stocks of Nifty50 ended in red, dragged by BEL, M&M, Adani Enterprises, Coal India, and SBI

Stock Market Highlights, Tuesday, October 22, 2024: Benchmark equity indices, BSE Sensex, and NSE Nifty 50 ended Tuesday's trading session in the red, each falling by over 1 per cent. The BSE Sensex crashed 930.55 points, or 1.15 per cent, to settle at 80,220.72.

Similarly, the NSE Nifty 50 ended at 24,472.10, down 309 points, or 1.25 per cent.

Bears took charge on the D-Street as 47 out of 50 constituent stocks of Nifty 50 ended in the red, dragged down by Bharat Electronics, Mahindra & Mahindra, Adani Enterprises, Coal India, and State Bank of India, whose losses extended up to 3.79 per cent. In contrast, only ICICI Bank, Nestle India, and Infosys managed to eke out some gains of up to 0.74 per cent.

Smallcap stocks were the worst hit among the broader markets, as the Nifty Smallcap 100 index ended down by 3.92 per cent. The Nifty Midcap 100 also ended in the red, down by 2.61 per cent.

Notably, the fear index, India VIX, which gauges the volatility in the Indian stock markets, ended higher by 4.21 per cent at 14.34 points.  

Among the sectoral indices, the Nifty PSU Bank index faced the worst hit, ending down by 4.18 per cent. This was followed by realty and metal indices, which settled lower by 3.08 per cent and 3 per cent, respectively.

Auto, media, consumer durables, and select healthcare indices ended down by over 2 per cent each.