Stock Market Features, Aug 5: Sensex tanks 2222 points Terrific points near 24,050 among global rout News on Markets

.Stock Exchange Features today, August 5, 2024: Equity benchmark indices, BSE Sensex as well as the NSE Nifty, dropped sharplyon Monday to finish in the hole, in tandem along with reductions amongst international peers. At close, the Sensex was at 78,768.42, down as long as 2,222.5 points or even 2.74 per cent. The index dropped virtually 3 per-cent to hit the time’s reduced of 78,296 on Monday.Mirroring the Sensex, the Nifty50 likewise tumbled 662 points or even 2.68 per-cent to resolve at 24,055.6.

After uploading a gap-down position, the mark toppled 3.33 percent to hit Monday’s reduced of 23,894.The fear mark, India VIX, ended at 20.37 aspects, up 42.23 per cent, indicating massive volatility out there. The volatility mark zoomed 61 per-cent intraday to 23.15 degrees, indicating its biggest increase because 2015.Bears consumed as forty five away from the fifty listed supplies on Nifty50 posted an adverse closing. Tata Motors, ONGC, Adani Ports, Tata Steel, and also Hindalco were the top laggards, clocking around 7-per cent loss.Coming from the BSE area, 28 away from the 30 constituents of the Sensex finished lower, along with Tata Motors and Adani Ports being actually the best laggards.

Simply Hindustan Unilever and also Nestle India handled to end in the green.In the broader markets, the Nifty SmallCap and MidCap indices dropped 4.5 per cent and 3.5 percent, respectively.The sectoral indices likewise dealt with mayhem, finishing in red along with losses in Auto, Metal, IT, and Banking markets of as much as 4.85 per-cent.