The benchmark National Stock Exchange Nifty 50 fell to its lowest level in nearly five months due to sustained selling by overseas funds and sharp losses in index heavyweights, which weighed on market performance. Earnings disappointments and more attractive investment prospects in the US also kept investor sentiment subdued.
Falling for the fourth consecutive day, the Nifty declined by 258 points, or 1.07 per cent, to close at 23,883—its lowest close since June 26. The S&P BSE Sensex dropped 821 points, or 1.03 per cent, to close at 78,675, marking its lowest level since August 6. The total market capitalization of BSE-listed companies fell by ₹5.2 trillion to ₹437 trillion.
Since reaching all-time highs on September 26, the Sensex has fallen by 8.3 per cent, and the Nifty is down almost 9 per cent.
هذه القصة مأخوذة من طبعة November 13, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 13, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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