Stock market faces drastic dipamid global concerns

The Sensex witnessed asteep decline of 483.24 points, UIEIMAaLely GOsIrig at 65,512.39, while the Nifty also struggled to finish at 19,512.35

In a tumultuous start to the trading week, the stock market experienced a significant downturn, as indices plunged into the red, with investors grappling with various global uncertainties.

The Sensex, one of India's leading stock indices, witnessed a steep decline, ultimately closing at 65,512.39, while the Nifty also struggled, shedding 141.15 points to finish at 19,512.35.

Amid this unsettling backdrop, the Nifty companies found themselves predominantly in the decline, with 44 companies facing losses, compared to only 6 managing to advance.

Among the notable gainers were Dr. Reddy, HCL Technologies, Tata Consumer Products, Hindustan Unilever, and TCS, all of which provided a ray of hope for investors.

Conversely, Adani Ports, Hero Motocorp, HDFC Life, M&M, and BPCL found themselves among the top losers at the closing bell.