Benchmark domestic equity indices fell today as a fresh flare-up in US and Iran tensions led to a rise in crude oil prices and dampened investor sentiment. The Sensex plunged one thousand 313 points, or 1.7%, to close at 76 thousand and 15. The Nifty lost 360 points, or 1.5%, to settle at 23 thousand and 816.
The broader market on the National Stock Exchange also ended with losses. The Midcap 100 dipped 1%, while the Smallcap 100 fell by over 1.1%.
Earlier, the markets opened on a negative note amid weak global cues and remained under pressure throughout the session. Although the indices attempted to pare some of their initial losses during the day, intensified selling in the final hour dragged the markets lower.
In the Sensex pack, shares of 24 out of 30 companies registered losses. Among the top underperformers, Titan tanked over 6.8%, Indigo dropped 4.7%, and SBI shed 4.5%. In contrast, SunPharma jumped over 1.3%, Hindustan Unilever climbed more than 0.8%, and Adani Ports advanced over 0%.
In the sectoral indices at the BSE, 23 out of 25 sectors edged downward. Among the top losers, Consumer Durables nosedived around 3.8%, Realty lost over 2.7%, and MidSmall Private Banks Quality Tilt dropped 2.6%. Meanwhile, the two gainers were Hospitals, which rose 2%, and Healthcare, which climbed 0.6%.
The overall market breadth at the BSE was negative, as shares of 2,892 companies declined, 1,457 advanced, and 189 remained unchanged.
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