Stock Market Crash Highlights, Tuesday, December 17, 2024: Sensex Plunges Over 1,000 Points, Nifty Sheds 332 Points Amid Broad-Based Selloff
The Indian stock marketplace witnessed a pointy correction on Tuesday, December 17, 2024, as benchmark indices BSE Sensex and NSE Nifty 50 closed deep within the purple, weighed down with the aid of throughout-the-board promoting strain.
The 30-percentage BSE Sensex tumbled 1,064.12 points, or 1.30%, to settle at eighty,684.45, after shifting inside a variety of 81,613.64 to eighty,612.20 at some point in the session. Similarly, the wider NSE Nifty 50 ended the day 332.25 points decrease, or 1.35%, at 24,336, buying and selling between 24,624.10 and 24,303.45.
The marketplace mood favored the bears, with all Nifty50 ingredients—barring Cipla and ITC—ending within the crimson. Top losers covered Shriram Finance, Grasim Industries, Bharti Airtel, Hero MotoCorp, and JSW Steel, which dropped as much as 5.27%.
Broader markets reflected the weak spot, because the Nifty Midcap100 and Nifty Smallcap100 indices fell 0.57% and 0.68%, respectively.
The India VIX, a key indicator of market volatility, spiked 3.31% to shut at 14.49 factors, reflecting rising investor anxiousness.
On the sectoral front, Nifty Media was the sole gainer, ending marginally better through 0.02%. All other sectoral indices ended within the red, with exceptional declines visible in Banking, Auto, Financial Services, Consumer Durables, and Oil & Gas, every falling around 1%.
In precis, these days’ session noticed enormous selling throughout sectors and market segments, indicating warning amongst investors amid heightened volatility.
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Disclaimer
The statistics furnished in this news article are for informational features and must no longer be construed as economic recommendations. The inventory marketplace is concerned with dangers, and beyond overall overall performance does not assure destiny outcomes. Always conduct thorough studies and search for advice from an authorized financial advertising representative before making any investment selections.
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