Suddenly slipped stock market after initial rise, Sensex drops more than 100 points


Stock Market: The Indian stock market collapsed on Thursday, 24 July after seeing the rise in early trade. Where on one side the BSE Sensex fell 116 points to fall to 82611, falling 116 points or a decline of 0.14 percent. At the same time, NSE Nifty also fell 13 points or 0.05 percent to 25207. This decline was also recorded at a time when the weekly expiry of F&O contracts is to be held on Thursday.

Extremies in these stocks

The most declining shares on NSE Nifty 50 included Trent, Kotak Mahindra Bank, UltraTech Cement, Bajaj Finance, Axis Bank, TCS, Infosys, Reliance Industries, Coal India, ICICI Bank and SBI. On the other hand, Tata Consumer Products, Dr. Reddy’s Labs, Tata Motors, Eternal, Nestle India, Eicher Motors, Sun Pharma and JSW Steel took the edge. The broad market also saw profits, in which the Nifty Midcap and Smallcap index recorded a decline of 0.07 and 0.2 percent respectively.

The Nifty IT index in the sectoral index declined the most, which remained 1 percent down. The shares of Persistant Systems, Koforge and Infosys fell to 6 percent in Intrade after the announcement of the quarter results. Other IT shares like TCS, LTIMINTI and Emphasis were also under pressure. The Nifty Realty and Nifty Private Bank Index were also trading in red mark, while 0.6 percent in the Nifty Pharma Index and 0.34 percent in the Nifty Metal Index.

Indian stock market tomorrow

On Wednesday, in the last trading session, the 30 -share BSE Sensex closed at 82,726.64 points with a jump of 539.83 points i.e. 0.66 percent. Whereas NSE Nifty closed at 25,219.90 points with a gain of 159 points i.e. 0.63 percent. Today, the impact of the rise in Asian and American markets in the Indian stock market is being seen.

Asian and American markets caught speed

On Thursday, Asian markets saw a huge rise due to the trade deal between the US and Japan and the intensity between the European Union and the US over tariffs. Wall street’s strong performance overnight gave this boom more strength. Japan’s topics index reached a record high with a lead of 1.2 percent, while Nikkei gained a 1.09 percent lead. Kospi had a 1.6 percent jump, while Australia’s ASX was 200 flat.

On Thursday, Wall Street saw a strong boom. The S&P 500 index closed at a record height for the third consecutive day, which rose 0.78 percent to 6,358.91. This is its 12th record closing of the year 2025. Dow Jones Industrial Average jumped at 507.85 points or 1.14 percent at 45,010.29. Nasdaq Composite reached 21,020.02 with an increase of 0.61 percent, which has closed for the first time above 21,000.

These shares will be in focus

In today’s business, many other companies including Infosys, Bajaj Finance, Nestle, IndusInd Bank and Einox Wind will be in focus. Apart from these, Bajaj Finance, Nestle, SBI Life, Adani Energy, Canara Bank, Motilal Oswal and IEX are going to release their first quarter results, which will attract the attention of investors.

Also read:

From clothes-jewelery to beer … After three long wait, India-UK trade deal will bring out these sectors



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