The BSE Sensex was down -460.62 points at79,544.42, while the broader NSE Nifty 50 was down 142 points at 24,196.65.
Benchmark equity indices in the Indian stock market are falling on Tuesday (29-10-2024). The Sensex was down about -460.62 points in the open. The National Stock Exchange’s Nifty index fell 142 points.
The BSE Sensex was down 394 points at 79,612, while the broader NSE Nifty 50 was down 142 points at 24,196.65. The Nifty Bank index is up 195 points today. The National Stock Exchange’s IT index is down 291 points, while the BSE Small Cap is down 99 points.
Reason: Foreign institutional investors continue to withdraw their investments. The stock market has been falling sharply in the short term due to foreign portfolio investors selling more shares. Moreover, quarterly profits of major companies have not been satisfactory, leading to a fall in the stock market.
Rising stocks: Waree Energies HDFC Bank Bharti Airtel Mazagon Dock ICICI Bank NTPC Stocks Decline: Tata Motors Spandana Spoorti Rajnish Wellness Idea Forge Technology
Indian rupee: The Indian rupee is still trading at 84.08 against the US dollar.