Business EconomyPosted at: Nov 4 2024 7:00PM


Sensex down 941.88 points

Mumbai, Nov 4 (UNI) The equity market on Monday crashed with BSE Sensex tanked 941.88 points to settle at 78,782.24 as heavy selling was seen across the board.
Investors were seen cautious due to upcoming US presidential elections between Kamala Harris and Donald Trump and possibility of further interest rate cut by federal reserve.

Weakness in stocks including Realty, Energy, Oil and Gas and Utilities too impacted the same.
The National Stock Exchange (NSE) slipped 309 pts at 23,995.35.
Advancing over 300 pts in the previous session on Friday, the Sensex opened negative at 79,713.14, easing 11 pts. It remained negative throughout the session, during the day it was dropped 1492 pts 78,232.60, days low, before closing at 78,782.24, tumbling down 941.88 pts from its last close.
The Nifty registered days high and low at 24,316.75 and by 23,816.15 pts respectively.
The stocks that slid were Realty by 3 pc, Oil and Gas by 2.54 pc, Energy by 2.51 pc and Utilities by 2.22 pc.
The Mid cap fell 1.31 pc while Small cap by 1.65 pc.
In 30 scrips, 6 advanced, while 24 declined.
The losers were Adani Ports by 3.23 pc to Rs 1349, Reliance Industries by 3 pc to Rs 1298.90, Sun Pharma by 2.68 pc to Rs 1808.95, Bajaj Finserv by 2.53 pc to Rs 1710.75 and NTPC by 2.45 pc to Rs 401.40.
The gainers were M& M by 2 pc to Rs 2873.25, Tech Mahindra by 1.94 pc to Rs 1635, SBI by 1.08 pc to Rs 829.80 and HCL Technology by 0.27 pc to Rs 1763.
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