Market on Tuesday | Sensex crashes 1,066 pts, Nifty below 25,250
Dalal Street witnessed a sharp sell-off on January 20, with benchmark indices plunging more than 1 percent each, dragging the Nifty below the 25,200 mark, intraday, amid concerns over global trade tensions, mixed quarterly earnings, weak global cues, a falling rupee, broad-based selling, and continued FII outflows.
At close, the Sensex was down 1065.78 points or 1.28 percent at 82,180.47, and the Nifty was down 353 points or 1.38 percent at 25,232.50.
Selling pressure was more pronounced in the broader market, with the BSE Midcap and Smallcap indices falling over 2 percent each, underperforming the benchmark indices.
Biggest Nifty losers were Eternal, Bajaj Finance, Coal India, Adani Enterprises, Jio Financial, while gainers included Tata Consumer Products, Dr Reddy’s Lab and HDFC Bank.
The market capitalisation of BSE-listed companies fell by nearly Rs 10 lakh crore to Rs 455.72 lakh crore from Rs 465.68 lakh crore.
All the sectoral indices ended in the red with Realty index falling 5%, while auto, IT, media, metal, PSU Bank, pharma, oil & gas, consumer durables fell 1.5-2.5 percent.