Finance
Stock Market Crash Highlights, Monday, January 27, 2025: The selling across the counters caused the benchmark equity indices, the NSE Nifty50 and the BSE Sensex, to close the first trading session of the week lower, settling down by more than 1 percent apiece. At 75,366.17, the 30-share Sensex fell as far as 824.29 points, or 1.08 percent. Today, the index fluctuated between 75,925.72 and 75,267.59.
Similar to the Sensex, the NSE Nifty50 closed at 22,829.15, down 263.05 points, or 1.14 percent. On Monday, the Nifty50 hit a top of 23,007.45 and a low of 22,786.90 for the day.
The day concluded in the bears’ favor, with 43 of the 50 firms that make up the Nifty50 closing lower, led by HCL Tech, Tech Mahindra, Wipro, Hindalco, and Shriram Finance. Losses increased to to 4.59 per cent. Meanwhile, ICICI Bank, Britannia, Mahindra & Mahindra, Hindustan Unilever, State Bank of India were among the 7 constituent stocks that ended in the green, with gains extending up to 1.50 per cent.
The India VIX volatility index, which measures market volatility, finished the day up 8.28% at 18.13 points.
The Nifty Smallcap100 and Nifty Midcap100 indices closed the day lower by 3.84 percent and 2.75 percent, respectively, reflecting the benchmarks’ impact on broader markets.
The NSE’s sectoral indices all finished lower, with losses reaching 4.73%. Interestingly, the Nifty IT index ended the day 3.36 percent lower, with the biggest laggards—Coforge, Persistent Systems, and LTI Mindtree—suffering losses of up to 5.19 percent.
Source:BS
