Share Market Today: Sensex Ends Below 80k, Falls 427 Points; Nifty Around 24,300. M&M Slips 6%
Share market today: The two key equity benchmarks, Sensex and Nifty, on Wednesday came under considerable selling pressure tracking heavy losses in metal, auto, and IT stocks and broad-based profit booking. The BSE Sensex index declined 916 points intra-day, before recouping some of the losses to end at 79,925, falling 427 points. On the other hand, the NSE Nifty50 hit an intra-day low of 24,141 before closing at 24,324, down 109 points.
Stock update
On the 30-share Sensex platform, M&M was the main laggard, slipping 6.62 per cent, followed by Tata Steel, TCS, HCLTech, SBI, JSW Steel. On the flip side, Asian Paints, PowerGrid, NTPC, HUL, Sun Pharma, Adani Ports emerged gainers.
In the broader markets, the BSE Midcap and Smallcap indices settled 0.19 per cent and 0....