Bears growl! Sensex falls 885 points, investors lose over ₹4 lakh crore

Updated: Aug 2nd, 2024

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Indian equity indices closed in the deep red in today's session following profit booking on higher levels.  

At closing, Sensex fell 885 points or 1.08% to 80,981 and Nifty was down 293 points or 1.17% at 24,717.

The decline resulted in over ₹4 lakh crore loss in market capitalisation (MCAP) for all listed companies on the BSE.

Selling was seen in the broader markets. The Nifty Midcap 100 index closed at 57,913, down 576 points or 0.99%, and the Nifty Smallcap closed at 18,800, down 149 points or 0.79%.

Except Pharma, all other indices closed in the red. The biggest decline was in Auto, IT, PSU Bank, Metal, Realty and Infra indices.

In the Sensex pack, Maruti Suzuki, Tata Motors, JSW Steel, Wipro, Tata Steel, L&T, M&M, and TCS were the top losers. HDFC Bank, Sun Pharma, Kotak Mahindra Bank, and Nestle were the top gainers.

(This story was taken from a syndicated feed and was only edited for style by Gujarat Samachar Digital staff)

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