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Stock market crashed after Microsoft’s server went down, Sensex dropped by 740 points – India TV Hindi

by Aaryan Srivastav
July 19, 2024
Stock market crashed after Microsoft's server went down, Sensex dropped by 740 points - India TV Hindi


Photo:FILE Fall in the stock market

Microsoft The technical fault in the server of BSE had a big impact on the stock market today. The Indian stock market today registered a big decline from the all-time high levels. Due to Microsoft global outage, domestic brokerage companies also faced technical problems today. At the same time, there was a lot of profit booking at higher levels. The Bombay Stock Exchange index Sensex closed at 80,604 today with a decline of 0.91 percent or 738 points. It had opened at 81,585.06 today. At the time of market closing, out of the 30 stocks of Sensex, only 4 stocks were on the green mark and 26 were on the red mark. At the same time, the National Stock Exchange index Nifty closed at 24,530 today, down 1.09 percent or 269 points. At the time of market closing, out of the 50 stocks of Nifty, 4 stocks were on the green mark and 46 stocks were on the red mark.

These stocks fell the most

The biggest losers in the Nifty pack today were Tata Steel (4.97%), JSW Steel (4.68%), BPCL (3.98%), Hindalco (3.91%), ONGC (3.44%). Meanwhile, Infosys, ITC, Asian Paints and Britannia (5.7%) witnessed a rise in the stock market.

All sectoral indices closed in red

On Friday, the last trading day of the week, all sectoral indices closed in the red. The biggest decline was recorded in Nifty Metal by 3.96 percent, Nifty Oil & Gas by 2.78 percent, Nifty Auto by 2.42 percent, Nifty Bank by 0.76 percent, Nifty Financial Services 25/50 by 1.17 percent, Nifty FMCG by 0.26 percent, Nifty IT by 0.21 percent, Nifty Pharma by 1.64 percent, Nifty PSU Bank by 1.51 percent, Nifty Private Bank by 0.94 percent, Nifty Healthcare Index by 1.71 percent, Nifty Consumer Durables by 1.96 percent and Nifty Midsmall Healthcare by 1.58 percent.

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