.Securities Market Features today, August 5, 2024: Equity benchmark indices, BSE Sensex as well as the NSE Nifty, dropped sharplyon Monday to finish at a loss, in tandem along with losses among worldwide peers. At close, the Sensex was at 78,768.42, down as much as 2,222.5 points or even 2.74 per cent. The index plunged virtually 3 per cent to strike the time’s reduced of 78,296 on Monday.Mirroring the Sensex, the Nifty50 also toppled 662 aspects or 2.68 per-cent to resolve at 24,055.6.
After posting a gap-down opening, the mark tumbled 3.33 percent to strike Monday’s low of 23,894.The anxiety mark, India VIX, finished at 20.37 points, up 42.23 per cent, suggesting enormous volatility in the marketplace. The volatility index zoomed 61 per cent intraday to 23.15 degrees, denoting its most extensive increase due to the fact that 2015.Bears consumed as 45 out of the 50 listed supplies on Nifty50 published a bad closing. Tata Motors, ONGC, Adani Ports, Tata Steel, and Hindalco were actually the leading laggards, clocking around 7-per cent loss.Coming from the BSE area, 28 out of the 30 components of the Sensex finished lower, along with Tata Motors and Adani Ports being actually the top laggards.
Merely Hindustan Unilever and Nestle India dealt with to end in the green.In the wider markets, the Nifty SmallCap and MidCap indices dropped 4.5 percent and also 3.5 per cent, respectively.The sectoral indices also encountered pandemonium, ending in reddish along with reductions in Auto, Metallic, IT, and also Financial fields of around 4.85 per-cent.