Business

Stock Market Features, Aug 5: Sensex storage tanks 2222 points Clever points near 24,050 amid global thrashing News on Markets

.Securities Market Highlights today, August 5, 2024: Equity benchmark marks, BSE Sensex and also the NSE Nifty, fell sharplyon Monday to finish in the hole, in tandem along with losses amongst worldwide peers. At close, the Sensex was at 78,768.42, down as long as 2,222.5 points or even 2.74 per-cent. The index dove almost 3 percent to strike the time's low of 78,296 on Monday.Representing the Sensex, the Nifty50 also tumbled 662 points or even 2.68 percent to settle at 24,055.6. After uploading a gap-down position, the index toppled 3.33 percent to strike Monday's low of 23,894.The fear index, India VIX, finished at 20.37 points, up 42.23 percent, suggesting substantial volatility on the market. The dryness mark zoomed 61 per-cent intraday to 23.15 degrees, signifying its largest boost because 2015.Bears consumed as forty five out of the fifty noted supplies on Nifty50 uploaded an adverse closing. Tata Motors, ONGC, Adani Ports, Tata Steel, as well as Hindalco were the best laggards, clocking around 7-per cent reduction.Coming from the BSE room, 28 out of the 30 constituents of the Sensex ended lower, along with Tata Motors and Adani Ports being the leading laggards. Only Hindustan Unilever and Nestle India dealt with to finish in the environment-friendly.In the broader markets, the Nifty SmallCap as well as MidCap indices dropped 4.5 percent as well as 3.5 per-cent, specifically.The sectoral marks also faced trouble, finishing in reddish along with losses in Car, Steel, IT, as well as Banking fields of around 4.85 percent.