shriram Logo




Market tanks for 5th straight session
Oct 25 2024 8:29PM
Indian markets extended the fall for a fifth consecutive session on October 25, with the Nifty breaking 24,100 intraday, amid selling across the sectors barring FMCG.

At close, the Sensex was down 662.87 points or 0.83 percent at 79,402.29, and the Nifty was down 218.60 points or 0.90 percent at 24,180.80.

Amid mixed global cues, the Indian indices opened positive but erased the gains in the opening hour and turned into red. However, as the day progressed, the indices extended the losses with Nifty falling below 24,100.

For the week, BSE Sensex and Nifty50 lost more than 2 percent each.

IndusInd Bank, BPCL, Adani Enterprises, Shriram Finance, and M&M were among the top losers on the Nifty, while gainers were ITC, Sun Pharma, Britannia Industries, HUL and Axis Bank.

Among sectors, except FMCG (up 0.5 percent) all other indices ended in the red with auto, capital goods, metal, oil & gas, power, telecom, media down 1-2 percent.

BSE Midcap index shed 1.5 percent and smallcap index fell 2.4 percent.

More than 100 stocks touched their 52-high on the BSE, including, CARE Ratings, Cigniti Technologies, Coforge, Deepak Fertilisers, Dixon Technologies, Piramal Pharma, Poly Medicure, Radico Khaitan, Wockhardt, among others.

On the other hand, more than 200 stock touched their 52-low on the BSE, including, Anupam Rasayan, Bandhan Bank, Birla Corp, CSB Bank, IDFC First Bank, IndusInd Bank, ITI, Mishra Dhatu, Poonawalla Fincorp, Prince Pipes, RBL Bank, Relaxo Footwear, Sheela Foam, Tanla Platforms, TCI Express, Trident, Ujjivan Small, Vodafone Idea, Zee Entertainment, among others.