.Stock Market Features today, August 5, 2024: Equity benchmark marks, BSE Sensex and also the NSE Nifty, dropped sharplyon Monday to finish in the hole, in tandem along with reductions amongst global peers. At close, the Sensex was at 78,768.42, down as much as 2,222.5 points or even 2.74 percent. The index dropped virtually 3 per-cent to attack the day’s low of 78,296 on Monday.Representing the Sensex, the Nifty50 additionally toppled 662 points or even 2.68 per cent to resolve at 24,055.6.
After uploading a gap-down position, the index tumbled 3.33 percent to hit Monday’s reduced of 23,894.The concern mark, India VIX, ended at 20.37 points, up 42.23 percent, showing extensive volatility in the markets. The volatility mark zoomed 61 per cent intraday to 23.15 degrees, indicating its biggest boost because 2015.Bears took control of as 45 away from the fifty specified stocks on Nifty50 submitted an unfavorable closing. Tata Motors, ONGC, Adani Ports, Tata Steel, and Hindalco were the best laggards, clocking around 7-per cent loss.From the BSE space, 28 away from the 30 components of the Sensex ended lower, along with Tata Motors and Adani Ports being actually the leading laggards.
Only Hindustan Unilever as well as Nestle India handled to end in the green.In the broader markets, the Nifty SmallCap and MidCap marks dropped 4.5 per-cent as well as 3.5 per-cent, specifically.The sectoral marks likewise faced pandemonium, finishing in red with reductions in Auto, Metal, IT, as well as Financial fields of up to 4.85 per-cent.