In the early trade, the 30-share BSE Sensex fell 416.66 points to 77,161.72. Meanwhile, the Nifty also declined 153.55 points to 23,364.95.
Earlier, the stock market holiday schedule for November 2024 listed only two holidays. However, following the announcement of the Maharashtra Assembly Elections, the Bombay Stock Exchange and the National Stock Exchange declared November 20 as an additional holiday.
In the early trade, the 30-share BSE Sensex climbed 591.19 points to 77,930.20. Meanwhile, the Nifty was also up by 188.5 points to 23,642.30
In the early trade, the 30-share BSE Sensex fell 156.72 points to 77,423.59. Meanwhile, the Nifty also declined 64.25 points to 23,468.45.
In the sectoral indices on the National Stock Exchange, except for Nifty Auto, Nifty Metal, and Nifty Realty, all other indices opened with a decline. Nifty Consumer Durables faced heightened selling pressure during the opening session.
"The exchange hereby notifies Wednesday, November 20, 2024, as a trading holiday on account of Assembly Elections in Maharashtra," NSE said.
The Nifty 50 index opened flat at 24,489.60 points, while the BSE Sensex index was down marginally by 0.16 percent during early trade to 80,248.60 points.
In the stock market by 2:28 pm, the S&P BSE Sensex was up by 1055.31 points, reaching 80,531.94, while the NSE Nifty50 gained 311.95 points, trading at 24,525.25.
In the sectoral indices on the National Stock Exchange, all sectors opened in the green except Nifty Consumer Durables. Nifty IT opened as the leader in gains with a surge of 0.86 percent, followed by Nifty Bank, up by 0.45 percent, and Nifty Auto, up by 0.51 percent.
Both benchmark indices fell as much as 2%, leading to major losses for investors. At around 12:57 pm, the S&P BSE Sensex was down 1,303.19 points at 78,420.93, while the NSE Nifty50 tanked 437.15 points to trade at 23,867.20.Investors lost almost Rs 6 lakh crore in the major stock market crash.
Indian stock markets faced significant declines on Monday morning, with the BSE Sensex plunging 665 points to 79,058 and the Nifty 50 falling by 229.4 points to 24,074. Analysts warned of heightened volatility this week due to upcoming global events that may impact market stability.
In early trade, the BSE Sensex fell by 322.24 points to 79,682.80, and the Nifty 50 dropped 86.55 points to 24,252.60. This decline follows recent market gains as investors engage in profit booking. Despite the downturn, experts remain optimistic about the overall economic fundamentals.
Stock Market crash: The market capitalisation of all the companies listed on the BSE plunged Rs 9.8 lakh crore to Rs. 435.1 lakh crore on Friday. And the benchmark BSE Sensex fell 663 points, or 0.83 per cent, to end the day below the 80,000 mark at 79,402.
Key sectors, including IT, banking, and energy, contributed to the market’s upward trend. Major stocks like Infosys, Reliance Industries, and HDFC Bank were among the top gainers.
The Sensex dropped 240 points while the Nifty slipped below 25,000 in early trade, driven by global economic uncertainties and weakness in banking, IT, and energy sectors.
In early trade on Friday, the BSE Sensex surged 327 points to 82,300.44, while the NSE Nifty gained 84 points to reach 25,212.05. Major sectors, including banking and IT, contributed to the market rally, driven by positive global and domestic cues.
Market sentiment remained strong, driven by optimistic investor outlook and positive global cues. Key sectors such as IT, banking, and FMCG led the early gains, boosting the indices.
Sensex climbed 156.65 points to 81,206.65 in early trade; Nifty was up 37.70 points to 24,833.45.
The benchmark indices broke their five-day losing streak after the stronger-than-expected US job report that created optimism in the markets.
The stock markets faced a significant downturn on Monday, with the Sensex falling by 1.43% to close at 83,063.67, while the Nifty slipped by 1.45% to settle at 25,422. The decline comes amid escalating geopolitical tensions between Israel and Iran, leading to increased uncertainty in global markets.
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