The benchmark equity indices ended Tuesday’s trading session in negative territory. The NSE Nifty 50 fell 320.10 points or 1.37% to settle at 23,024.65, while the BSE Sensex plunged 1,235.08 points or 1.60% to 75,838.36.
The broader indices ended in negative territory, with falls led by Mid-cap and Small-cap stocks. Realty and Energy stocks plunged the most among the other sectoral indices like FMCG, IT, and Metal stocks ended marginally lower.
Bank Nifty index ended lower by 779.90 points or 1.58% to settle at 48,570.90. The Nifty Midcap 100 dropped 1,271.25 points, or 2.31%, ending the day’s trading at 53,834.95 In the broader markets, small-cap and mid-cap stocks finished in dark red.
Apollo Hospitals and Tata Consumer Products shares surged by 2.13% and 1.22%, respectively, emerging as the top gainers on the NSE Nifty 50 index. They were followed by BPCL, Shriram Finance, and JSW Steel, which also registered notable gains.
On the other hand, the top laggards included Trent, NTPC, and Adani Ports and SEZ each falling over 3.50%, along with ICICI Bank and Adani Enterprises, which also ended the session in negative territory.
The Indian Volatility Index (India VIX) closed up by 3.89 % at 17.06.
WTI crude prices are trading at $75.74 down by 0.93%, while Brent crude prices are trading at $79.16 down by 0.76% on Tuesday, January 21, 202,5 at 3:56 PM (IST).
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 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 21, 2025, 4:13 PM IST
We're Live on WhatsApp! Join our channel for market insights & updates