Wednesday , January 8 2025

Big fall in stock market, Sensex fell 1240 points

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After the stock market opened with positive results in the morning, there has been a market ruckus. At 12 noon, Sensex fell by more than 1200 points, while Nifty fell by 389 points. Importantly, on Monday, the Sensex index jumped from its previous closing level of 79,223.11 to 79,281.65 and within a few minutes reached 79,503 with a gain of 280.17 points. Along with this, Nifty also jumped from its previous closing of 24,004.75, opened at 24,045.80 and closed at 24,087.75. But within a few hours of trading, Sensex and Nifty reached the red mark.

big bang in the market

Despite gains in US stocks, Indian benchmark indices Sensex and Nifty ended lower in intraday trade on Monday (January 6) in the first trading session of the week. The market fell due to heavy selling in IT, financial and banking stocks, which have a heavy weightage in the index.

decline in these shares

Among the 30 Sensex companies, all the shares except ICICI Bank and Titan declined. Tata Steel shares fell the most. Kotak Mahindra Bank, Asian Paints and all other stocks were trading with losses.