.Securities Market Emphasizes today, August 5, 2024: Equity benchmark marks, BSE Sensex as well as the NSE Nifty, dropped sharplyon Monday to finish at a loss, in tandem with losses amongst global peers. At close, the Sensex was at 78,768.42, down as much as 2,222.5 factors or even 2.74 per cent. The index dropped nearly 3 per cent to strike the day’s low of 78,296 on Monday.Exemplifying the Sensex, the Nifty50 also toppled 662 factors or even 2.68 percent to resolve at 24,055.6.
After publishing a gap-down position, the index toppled 3.33 per-cent to attack Monday’s low of 23,894.The fear index, India VIX, ended at 20.37 points, up 42.23 per-cent, showing enormous volatility in the markets. The volatility mark zoomed 61 per-cent intraday to 23.15 levels, marking its most extensive increase because 2015.Bears took over as 45 out of the 50 listed inventories on Nifty50 published a damaging closing. Tata Motors, ONGC, Adani Ports, Tata Steel, and also Hindalco were the top laggards, clocking as much as 7-per cent reduction.Coming from the BSE room, 28 out of the 30 elements of the Sensex finished lower, with Tata Motors and Adani Slots being the best laggards.
Merely Hindustan Unilever as well as Nestle India took care of to finish in the green.In the broader markets, the Nifty SmallCap as well as MidCap marks dropped 4.5 percent and also 3.5 percent, specifically.The sectoral marks also encountered mayhem, ending in red along with reductions in Vehicle, Metal, IT, as well as Banking sectors of as much as 4.85 per-cent.