Indian share markets closed with a significant drop today, Tuesday. The Bombay Stock Exchange’s index, Sensex, fell by 0.87% or 692 points, ending at 78,956. At the close of the market, 6 out of 30 Sensex stocks were in the green, while 24 were in the red. The National Stock Exchange’s index, Nifty, dropped by 0.85% or 208 points, closing at 24,139. Out of the 50 Nifty stocks, 12 were in the green, and 38 were in the red.
Stocks That Fell
Among the Nifty 50 stocks, the biggest drops were seen in BPCL (3.54%), HDFC Bank (3.26%), HDFC Life (2.78%), Shriram Finance (2.53%), and ONGC (2.14%). On the other hand, the biggest gains were in Titan (1.93%), Apollo Hospitals (1.50%), Tata Consumer (0.86%), Dr. Reddy’s (0.78%), and HCL Tech (0.55%).
Government Bank Shares Decline
In terms of sectoral indices, the largest decline was in the Nifty PSU Bank index, which fell by 1.81%. Other sectors also saw drops: Nifty Metal (-1.75%), Nifty Private Bank (-1.17%), Nifty Bank (-1.43%), Nifty Auto (-0.72%), Nifty Financial Services (-1.79%), Nifty FMCG (-0.27%), Nifty Media (-1%), Nifty Pharma (-0.09%), Nifty Oil and Gas (-1.22%), and Nifty Realty (-0.90%).
In contrast, sectors that saw gains included Nifty Mid Small Healthcare (0.08%), Nifty Consumer Durables (1.38%), Nifty Healthcare Index (0.06%), and Nifty IT (0.01%).
