Brent Crude at $79.78, Gold & Silver Prices Update
India’s equity benchmark indices dropped over one per cent, tracking weak global cues. In early trade, both domestic indices, the Nifty and Sensex, plunged due to a broad sell-off. At close, Sensex slumped over one per cent, or 886 points, at 80,982, while Nifty50 dropped 293 points, or 1.17 per cent, to end at 24,718. In the NSE, 152 companies hit their 52-week high, and 32 hit their 52-week low. The broader market at the BSE was also seen struggling, with the BSE MidCap index down by 1.19 per cent while the SmallCap index slid 0.58 per cent. Only five out of 30 companies registered gains in the Sensex index. The top gainers today were HDFC Bank by more than one per cent, Sun Pharma by 0.95 per cent, and Kotak Bank by 0.61 per cent. Conversely, the major laggards were Maruti with 4.63 per cent, Tata Motors with 4.17 per cent, and JSW Steel dropped 3.92 per cent.
In Sectoral Indices at the BSE, 19 out of 20 sectors traded in negative. The healthcare sector was the only gainer today. The major laggards were real estate with a 3.56 per cent loss, while the metal and auto sectors slipped three per cent each. The overall market breadth at the BSE was negative; out of 4,033 companies, shares of 1,705 companies advanced, 2,212 declined, and 116 remained unchanged.