Today, the Indian benchmark indices closed lower in another volatile session, marking the sixth consecutive day of losses. Broad selling occurred across sectors except for information technology.

Concerns over the escalating conflict in the Middle East negatively impacted investor sentiment.

The Sensex fell by 638.45 points to 81,050, while the Nifty dropped by 218.85 points to 24,795.75.

Despite positive global cues leading to a higher opening, the market quickly erased those gains, fluctuating between gains and losses throughout the session before closing near the day’s low.

Today, investors lost around Rs 8.99 lakh crore, with the market capitalization of BSE-listed companies falling from Rs 461.26 lakh crore to Rs 452.27 lakh crore.

Major Nifty losers included NTPC, Adani Ports, Adani Enterprises, SBI, and Coal India, while gainers were ITC, Bharti Airtel, Trent, M&M, and Infosys.

Except for the IT index (up 0.6%), all sectoral indices ended in the red, with PSU banks, healthcare, capital goods, realty, metals, power, oil & gas, media, and telecom declining by 1-3%.

The BSE Midcap index dropped by 2%, while the Smallcap index fell by over 3%.

Over 160 stocks reached their 52-week high on BSE, including Coforge, eClerx Services, BASF, and Dr. Lal PathLabs. Conversely, 130 stocks hit their 52-week low, including Vodafone Idea, Zee Entertainment Enterprises, IDFC First Bank, and RBL Bank.

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