The BSE Sensex plunged by 1,031.65 points (1.35%) on Monday, closing at 76,347.26. The 30-share index fluctuated between a high of 77,128.35 and a low of 76,249.72 during the session.
The NSE Nifty50 also ended the day lower, shedding 345.55 points (1.47%) to settle at 23,085.95. The index reached a high of 23,340.95 and a low of 23,047.25.
The bears took control, with 46 out of 50 Nifty50 stocks closing in the red. Adani Enterprises, Trent, BPCL, Power Grid Corporation, and Bharat Electronics led the losses, falling by as much as 6.21%. However, 4 stocks—Axis Bank, TCS, Hindustan Unilever, and IndusInd Bank—managed to gain up to 0.78%.
The broader indices mirrored the benchmarks, with the Nifty Smallcap100 and Nifty Midcap100 each tumbling over 4%.
Sectoral indices on the NSE platform painted a grim picture, as all sectors closed in negative territory, reflecting the widespread bearish sentiment.
As of January 13, 2025, at 03:57 PM, Brent Crude was trading at $80.93, up by 1.47%.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 13, 2025, 4:12 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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