Finance
Indian stock markets became volatile in the second half of the afternoon, reversing gains amid widespread selling.
The BSE Sensex index fell 545.43 points from the previous day’s closing level, reaching an intraday low of 81,781.62. The index plunged 792 points from its day’s high.
Similarly, the Nifty50 index plummeted 167 points intraday, reaching a low of 25,060.5. From the day’s high of 25,310.35, it fell 250 points.
With this, the 30-stock index has fallen 719 points in two days, while the 50-stock index has plummeted 225 points.
At 2:25 PM, the benchmark indices were somewhat off their lows, down 0.33 percent, while the Nifty MidCap and Nifty SmallCap indices were down 0.9% and 0.7%, respectively.
Top gainers, losers today
Grasim, Nestle India, SBI, Ultratech Cement, Asian Paints, Jio Financial Services, Sun Pharma, Adani Enterprises, and L&T, meanwhile, were down up to 1 per cent.
All the sectoral indices were in the red, led by the Nifty PSU Bank (down 1.45 per cent), the Nifty Metal index (1.09 per cent), the Nifty Media index (1.07 per cent) the Nifty Realty index (0.9 per cent), and the Nifty Pharma index (0.7 per cent)
Source: BS
