Market Overview of Sujata Muguda for Business News for Profit 13th Jan

Stock Market Crash Highlights: January 13, 2025 – Sensex and Nifty50 Plunge Over 1%

Indian equity markets began the week on a bearish note, with benchmark indices BSE Sensex and NSE Nifty50 closing over 1% lower on Monday.

Market Performance

BSE Sensex: The 30-share Sensex plummeted 1,031.65 points (1.35%) to close at 76,347.26. It traded within a range of 77,128.35 (high) and 76,249.72 (low) during the session.
NSE Nifty50: The Nifty50 dropped 345.55 points (1.47%) to settle at 23,085.95. The index hit an intraday high of 23,340.95 and a low of 23,047.25.

Top Gainers and Losers

Nifty50 Decliners: Out of the 50 stocks, 46 ended in the red. Major losers included Adani Enterprises, Trent, BPCL, Power Grid Corporation, and Bharat Electronics, with declines reaching up to 6.21%.
Nifty50 Gainers: Only four stocks managed gains—Axis Bank, TCS, Hindustan Unilever, and IndusInd Bank—with increases of up to 0.78%.

Broader Market Impact
Midcaps and Smallcaps: The broader markets mirrored the benchmarks’ weakness, as the Nifty Smallcap100 and Nifty Midcap100 indices plunged over 4% each.
Sectoral Indices: All sectoral indices on the NSE ended in the red, reflecting the widespread market sell-off.

Summary
The day belonged to the bears as markets faced intense selling pressure across the board. Key indices fell sharply, dragging broader markets and sectoral indices lower, signaling a challenging start to the trading week.

Disclaimer: This article is for informational purposes and needs to no longer be considered economic advice. Always discuss with a certified monetary guide earlier than making funding decisions.