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Stock Market crash: Markets plummet! Sensex nosedives over 1000 points, Nifty down below 22,000

shree1news by shree1news
May 9, 2024
in Business
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Stock Market crash: Markets plummet! Sensex nosedives over 1000 points, Nifty down below 22,000
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Share Market crash News Today | Sensex, Nifty, crashes Share Prices Highlights: The benchmark equity indices crashed on May 09. The BSE Sensex dropped 1,017.10 points, or 1.38%, to 72,449.29, while the NSE Nifty 50 fell 335.40 points, or 1.50%, to 21,967.10. Nifty Midcap 100 closed down 965 points, or 1.93%, at 49,071.30.

Markets today at close

The NSE Nifty 50 closed 1.50% lower at 21,967.10, while the BSE Sensex

 Top gainers and losers during later hours

Hero MotoCorp, Tata Motors, M&M, Bajaj Auto, and SBI were the top gainers in the Nifty 50. While L&T, Asian Paints, BPCL, Coal India, and ONGC were the key laggards in the Nifty 50 on May 09 during later hours.

Nifty slips below 22,000

Nifty

-Slips below the psychologically important 22,000 mark

-Down over 330 points intra-day, slips over 1.5% intra-day

-Nifty down nearly 3% for the week

Huge selloff on Dalal Street

Sensex

-Slumps over 1000 points

–L&T, ITC, Asian Paints among key losers

Key losers in Afternoon trade

–L&T down nearly 6%

-Coal Indian down over 4%

–Asian Paints down nearly 4%

–ITC over 3%

-BPCL down over 3%

Market today at afternoon

The NSE Nifty 50 was down 136 points or 0.61% at 22,166.60, while the BSE Sensex was down 446 points or 0.61% at 73,020.19.

Markets at open

The NSE Nifty 50 opens down by 0.35% at 22,224.80, while the BSE Sensex opens marginally higher by 0.05% to 73,499.49 in the opening trade.

US Dollar Update

The US Dollar Index (DXY), gauging the dollar’s value against a basket of six foreign currencies, saw a 0.03% increase, trading at 105.55.

Wall Street Updates

According to Bloomberg, Wall Street’s enthusiasm for stocks waned following a four-day advance, which marked the market‘s longest winning streak since March. The tech-heavy Nasdaq Composite closed down by 29.80 points or 0.18% at 16,302.76. The S&P 500 ended marginally lower by just 0.03 points or 0.00% at 5,187.67, while the Dow Jones Industrial Average finished higher by 172.13 points or 0.44% at 39,056.39.

 

 

 

Source:FE

Tags: BSE SensexNSE Niftyshare marketStock Market

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