Indices Fall 1% Led by Broad Sell-Off

19 Mar 2024 , 03:44 PM

Indian equity indices witnessed a notable decline of 1% on March 19, with the Nifty sliding to 21,800 levels amidst widespread selling across sectors.

By the closing bell, the Sensex registered a fall of 736.37 points or 1.01%, settling at 72,012.05, while the Nifty experienced a dip of 238.20 points or 1.08%, closing at 21,817.50. During the session, 1202 shares advanced, 2458 shares declined, and 112 shares remained unchanged.

Among the top losers on the Nifty were TCS, BPCL, Tata Consumer Products, Tata Consumer, and Nestle India, while notable gainers included Bajaj Finance, Bajaj Auto, Kotak Mahindra Bank, Hindalco Industries, and Bharti Airtel.

Across the board, all sectoral indices ended in the red, with Healthcare, IT, FMCG, Capital Goods, Oil & Gas, and Power witnessing declines ranging from 1 to 2%.

The BSE Midcap and Smallcap indices also registered a drop of 1% each, reflecting the overall bearish sentiment prevailing in the market.