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Stock market once again crashed badly, Sensex fell by 821 points, Nifty also fell heavily.

by Aaryan Srivastav
November 12, 2024
Tremendous fall in the stock market, new rules of SEBI and direct effect of Middle East conflict, 44 out of 50 shares of Nifty are in red mark.

New Delhi. The bad phase that started in October for stock market investors is not showing any sign of stopping. On Tuesday, once again a big fall was seen in the market, due to which there was an atmosphere of disappointment among the investors. BSE Sensex closed at 78,675.18 points, down 820.97 points. Apart from this, NSE’s Nifty 50 also fell by 257.85 points to 23,883.45 points. However, the market opened in the green this morning and showed decent gains, but in the last hours of the day suddenly selling took over and the market crashed.

Shares of 26 out of 30 Sensex companies fell

Today’s big fall can be gauged from the fact that shares of 26 out of 30 Sensex companies closed in the red, while shares of only three companies closed in the green. At the same time, the shares of Reliance Industries closed with no change. Talking about Nifty 50, shares of 46 out of 50 companies closed with a decline. Shares of only four companies closed in the green with slight gains.

Biggest fall in NTPC shares

Among the Sensex companies, NTPC shares witnessed the biggest decline today. NTPC shares closed with a fall of 3.06 percent. Apart from this, HDFC Bank shares were 2.73 percent, Asian Paints 2.65 percent, State Bank of India 2.52 percent, Tata Motors 2.46 percent, JSW Steel 2.28 percent, Maruti Suzuki 2.27 percent, Power Grid 2.12 percent, Adani Ports 2.02 percent. Shares of Bajaj Finance fell by 1.98 per cent, Mahindra & Mahindra by 1.68 per cent, Bajaj Finserv by 1.61 per cent, Nestle India by 1.43 per cent and Kotak Mahindra Bank by 1.38 per cent.

Shares of only three companies closed in the green.

Amidst today’s fall, Sun Pharma shares closed in the green with a slight gain of 0.28 percent, Infosys shares by 0.06 percent and ICICI Bank shares by 0.04 percent. Apart from this, shares of Axis Bank, Hindustan Unilever, Larsen & Toubro, UltraTech Cement, Tech Mahindra, ITC, Tata Steel, Titan, TCS, Bharti Airtel, HCL Tech and IndusInd Bank also declined.

Investors’ concerns increased

Such a decline in the stock market has worried investors. Market experts say that the impact of global markets and domestic economic indicators is visible on the market, due to which investors are being advised to remain cautious.

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