Bloodbath on Dalal Street: Sensex Plunges 700+ Points, Nifty Slips Below 24K
The Indian stock market faced another tough day as benchmark indices stretched their losing streak to a third consecutive session this Wednesday. The bears took full control, pulling the BSE Sensex down by a steep 715.06 points to close at 76,755.05. Meanwhile, the broader NSE Nifty50 broke below a critical psychological level, dropping 191.45 points to settle at 23,996.25.
The widespread sell-off was primarily driven by intense pressure on major banking and IT sector stocks. Investors watched nervously as market heavyweights dragged the indices lower throughout the trading session.
Biggest Losers on the Sensex Included:
- IndiGo
- Infosys
- State Bank of India (SBI)
- UltraTech Cement
- ICICI Bank
- Axis Bank
With the markets closing deep in the red, all eyes are now on whether the indices can find support and bounce back in the upcoming sessions, or if this downward trend will continue to dominate Dalal Street.
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