Sensex Ends 533 Points Lower, Nifty Below 25,900; Axis Bank Down 5%

Taking Stock: Market extends losses; Nifty below 25,900, Sensex drags 533 pts

More than 120 stocks hit 52-week low, including Devyani International, Jubilant Foodworks, Westlife Foodworld, Sheela Foam, NCC, REC, Sapphire Foods, Mankind Pharma, Piramal Pharma, Petronet LNG, Page Industries, ACC, SKF India, among others.

Sensex Falls 533 Points, Nifty Slips Below 25,900 On Weak Global Cues

Indian markets ended lower as weak global cues triggered broad-based selling. The Sensex fell 533 points and the Nifty slipped below 25,900, led by losses in banking, metal, and realty stocks. Broader markets also declined, while the rupee hit a record low of 91.01 against the dollar, adding to investor caution.

Stock market update: Nifty closes below 26000

Indian stock markets closed lower on Tuesday, December 16, weighed down by weak global cues and selling pressure in metal, realty, and financial stocks. The Sensex fell 533.50 points, or 0.63%, to close at 84,679.86, while the Nifty declined 167.20 points, or 0.64%, to 25,860.10. Experts noted that the Nifty breached its crucial support level of 25,870, further exacerbating negative sentiment in the market. They said, “In the short term, the ind…

Closing Bell: Sensex tumbles 533 points, Nifty slips below 25,900 as banking and IT stocks weigh on markets

Indian equity benchmarks closed lower on Tuesday, deepening the previous session’s losses as weak global signals and sustained foreign portfolio outflows weighed on market sentiment. The BSE Sensex settled at 84,679.86, declining 533.50 points or 0.63%, while the NSE Nifty 50 ended at 25,860.10, down 167.20 points or 0.64%. On the NSE, 3,211 stocks were traded during the session, with 1,023 gaining, 2,096 losing ground, and 92 closing flat. In a…