SENSEX drops over 900 points, NIFTY50 dips below 24,050
after close1 source ↓written by the desknot a recommendation
- to an intraday
- 914 points
- intraday low
- 77,299
- the NIFTY50 dropped
- 243 points
- 24,018
- from the SENSEX
- 500 points
The SENSEX fell 914 points to an intraday low of 77,299, while the NIFTY50 dropped 243 points to 24,018. Losses in major banking stocks, including HDFC Bank and ICICI Bank, contributed to this decline, wiping out over 500 points from the SENSEX. The NIFTY Bank index also fell 1.12% or 639 points to 56,312.
The significant drop in banking shares is likely to weigh on market sentiment, impacting investor confidence in the near term.
Not investment advice. For informational purposes only.