Amid International pressure the Benchmark Sensex crashed more than 1 per cent while Nifty dipped below the 22,000 level today pulled down by selling in heavyweight Reliance Industries and bank stocks amid weak global market trends. The BSE Sensex fell by 790.34 points or 1.08 per cent to settle at 72,304.88.
The S&P BSE Sensex shed 790 points, or 1.08 per cent to settle at 72,304 levels, a day ahead of the release of the Q3FY24 GDP numbers.
The Nifty50, on the other hand, shut shop at 21,951, falling 247 points or 1.11 per cent. The indices hit inraday lows of 72,222 and 21,916, respectively.
The pain was deeper in the broader markets with the BSE MidCap and SmallCap indices sliding 1.8 per cent and 1.9 per cent, respectively.
Among sectors, the Nifty Media, Realty, Metal, and PSU bank indices declined in the range of 2 per cent to 3.5 per cent. All other indices slipped up to 1.5 per cent.
Among the Sensex firms, Power Grid, IndusInd Bank, Maruti, Wipro, Tata Steel, JSW Steel, Asian Paints, Mahindra & Mahindra, Reliance Industries and UltraTech Cement were the biggest laggards. Hindustan Unilever, Infosys and Tata Consultancy Services and Bharti Airtel were the gainers.