Markets Today: Sensex and Nifty Plunge Amid Regulatory Headwinds
Markets live on September 6, 2024, highlight a significant downturn in Indian benchmark indices. The BSE Sensex and Nifty 50 dropped over 1% each, reflecting investor caution ahead of crucial US jobs data. Closing figures reveal the BSE Sensex down 1,017 points at 81,183.93, while the Nifty 50 ended at 24,852.15, down 292.95 points.
Key Losers in the Sensex and Nifty
The losses were led by major firms, with SBI, NTPC, and ICICI Bank seeing declines up to 4.4%. A notable contrast was seen with stocks like Bajaj Finance and Sun Pharma gaining, although the overall trend was negative.
Sector Performance
All sectoral indices on the NSE finished in the red, with the PSU Bank index suffering the most at a drop of 3.57%. The Oil and Gas index followed closely behind, down 2.16%. The broader market also felt the impact, with a decline in BSE SmallCap and BSE MidCap indexes.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.