Sensex trades 1500 points lower on negative global cues

Updated: Aug 5th, 2024


Indian equity indices opened in the deep red today following negative cues from Asian peers. 

At 9.42 am, Sensex was down 1,509 points or 1.86% at 79,460 and Nifty was down 465 points  \or 1.88% at 24,252.

The market trend remains negative. On the National Stock Exchange (NSE), 110 shares are trading in the green and 2,126 shares in the red.

Selling pressure is also being seen in small and medium stocks. Nifty midcap 100 index is down 1,677 points or 2.90% to 56,236 and Nifty smallcap 100 index is down 598 points or 3.18% to 18,202.

Almost all the indices are trading in the red. Auto, IT, PSU Bank, Fin Service, Realty, Energy, and Infra are major laggards.

In the Sensex pack, Tata Motors, Maruti Suzuki, JSW Steel, Tata Steel, Power Grid, and Reliance are the top losers. Sun Pharma, HUL, Asian Paints, and Nestle are the top gainers.

The foreign institutional investors (FIIs) sold equities worth ₹3,310 crore on Aug 2, while domestic institutional investors bought equities worth ₹2,965 crore on the same day.

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

Also read:

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


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