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HomeLatest NewsSensex Crashes! 582 Points—Nifty Sinks Under 24,150 Amid Policy Turmoil!"

Sensex Crashes! 582 Points—Nifty Sinks Under 24,150 Amid Policy Turmoil!”

Sensex and Nifty50 falls as Sectoral indices, except pharma, healthcare, and media, ended in red, with metal, realty, oil & gas, and information technology down 1-2 percent.

Indian equity indices experienced high volatility on August 8, with the Sensex and Nifty down 0.73 percent and 24,117 points respectively, due to expected RBI policy outcomes and Monetary Policy Committee withdrawals.

Sectors and stocks

Major losers on Nifty include LTIMindtree, Grasim Industries, Asian Paints, Power Grid Corp, Infosys, while gainers include HDFC Life, Tata Motors, SBI Life Insurance, HDFC Bank, and Cipla.

The BSE Midcap index experienced a 0.4% decrease, while the Smallcap index ended flat.

FII Sold577.30 Cr
DII Bought2,626.73 Cr
as per lastest session

Indian Market Stocks

SENSEX -581.79 -0.73%78,886.22
Nifty 50-180.50 -0.74%24,117.00
Nifty Bank37.70 +0.08%50,156.70
as per closing Bell

Market Movers

HDFC Life 14.10 2.03 %LTIMindtree -229.20 -4.12%
Tata Motors 16.45 1.60 %Grasim -92.40 -3.50%
SBI Life Insura 20.60 1.22%Asian Paints -96.05 -3.10%
HDFC Bank 19.20 1.18%Infosys -48.50 -2.71%
Cipla 16.40 1.06 %Power Grid Corp-9.40 -2.67%
as per closing Bell

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Indian indices opened positively, with Sensex and Nifty reaching 76,000 and 23,100, respectively. Top gainers included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree, and Adani Ports, while losers included Adani Enterprises, Wipro, Grasim Industries.

Indian indices opened positively, with Sensex and Nifty reaching 76,000 and 23,100, respectively. Top gainers included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree, and Adani Ports, while losers included Adani Enterprises, Wipro, Grasim Industries.

Indian indices opened positively, with Sensex and Nifty reaching 76,000 and 23,100, respectively. Top gainers included Divis Labs, IndusInd Bank, Axis Bank, LTIMindtree, and Adani Ports, while losers included Adani Enterprises, Wipro, Grasim Industries.

Sensex Sensex Sensex

Sensex After four weeks of increases, Sensex and Nifty fell 2% for the first time After four weeks of increases, Sensex and Nifty fell 2% for the first time

The Nifty has experienced a decline, closing the day around 160 points lower. The daily charts show no follow-through buying interest after a breakout, and selling pressure at higher levels could lead to a slipping back into the consolidation zone. The Bollinger bands are contracting, indicating a range contraction. The Bank Nifty has not maintained positive momentum, and it could slip towards the 46900-46800 range. The overall trend is bullish, with an intermediate corrective phase in progress. Short-term weakness could lead to a decline towards the 22200-22250 range.

The Nifty has experienced a decline, closing the day around 160 points lower. The daily charts show no follow-through buying interest after a breakout, and selling pressure at higher levels could lead to a slipping back into the consolidation zone. The Bollinger bands are contracting, indicating a range contraction. The Bank Nifty has not maintained positive momentum, and it could slip towards the 46900-46800 range. The overall trend is bullish, with an intermediate corrective phase in progress. Short-term weakness could lead to a decline towards the 22200-22250 range.

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Record High Record High Record High Record High Record High Record HighrRRecord HighRecord Highecord Highockets

Market Rally Halts Market Rally Halts Market Rally Halts Market Rally Halts

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