Sensex Plummets 135+ Points to 80,081, Nifty Drops Below 24,450 News24 –

Share Market Today: Indian stock market indices, Sensex and Nifty50, experienced a fall on Wednesday, October 23, 2024. The BSE Sensex, comprising 30 key stocks, declined 138.74 points to close at 80,081.98 points. The Nifty50 index on the NSE concluded Wednesday’s trading session in negative territory, declining 36.60 points to 24,435.50 level.

According to the data available on NSDL website, as of October 22, net Foreign Portfolio Investment (FPI) outflow from the Indian equities have reached a substantial Rs 72,136 crore in October.

Notable losers among the Sensex constituents on Wednesday included Mahindra & Mahindra (M&M), Sun Pharma, Powergrid, NTPC, Adani Ports. Notable gainers during the trade included Bajaj Finance, Tech Mahindra, TCS, HDFC Bank etc.

Sensex and Nifty, commenced trading on a negative note today. The Sensex plummed 329.04 points to reach 79,891.68 points, while the Nifty50 also tanked 94 points to reach 24,378.10 levels.

The current market sentiment is influenced by three key factors: heightened geopolitical tensions, uncertainty related to the upcoming US presidential election, and sustained selling pressure from foreign investors.

Share Market Today: Stocks In Focus

Taking the data of BSE, here is how the major stocks performed in Wednesday trade.

TCS (Tata Consultancy Services) – Settle 1.27% up at Rs 4,066.75 per share.

ICICI Bank – Settle 1.28% down at Rs 1251.55 per share.

Tata Motors – Settle 0.23% down at Rs 877.25 per share.

Reliance Industries (RIL) – Settle 0.36% down at Rs 2,677.70 per share.

JSW Steel – Settle 1.02% down at Rs 954.50 per share.

HCL Technologies – Settle 1.29% up at Rs 1,846 per share.

Tech Mahindra – Settle 2.28% up at Rs 1,734.90 per share.

Adani Ports – Settle 1.68% down at Rs 1,340.45 per share.

ITC – Settle 0.24% down at Rs 480.55 per share.

HDFC Bank – Settle 1.26% up at Rs 1735.70 per share.

Notably, 22 of the 30 firms of Sensex settled down in red, whereas shares only 8 Sensex packed company were in green on Wednesday.