Sensex Slumps 605 Points, Nifty Below 25,700 as Realty and Banks Drag Dalal Street

Investors on Dalal Street faced a challenging session today as the benchmark indices succumbed to selling pressure, reflecting a cautious mood across the board.

The BSE Sensex ended the day down 604.72 points, or 0.72%, closing at 83,576.24, while the Nifty 50 followed suit, shedding 193.55 points to finish at 25,683.30.

The overall sentiment in the stock market today was dominated by a sea of red, with the sector performance highlighting widespread weakness.

The realty sector emerged as the primary dragger, with the Nifty Realty index tumbling 2.26% as investors booked profits.

The heavyweight financial space also felt the heat; the Nifty Bank fell 0.73%, while the Nifty Financial Services Ex-Bank index saw a more pronounced decline of 1.41%.

Among the top losers, power major NTPC led the decline, falling 2.34%, followed closely by ICICI Bank, which dropped 2.22%.

Other prominent names that struggled included Adani Ports, Bharti Airtel, and Sun Pharmaceutical, all of which faced notable selling pressure.

Even the usually resilient Mahindra & Mahindra and ITC could not escape the downward trend, sliding 1.26% and 1.11% respectively.

Despite the gloomy atmosphere, a few stocks managed to provide a silver lining. Asian Paints topped the list of top gainers, rising 1.36%, while HCL Technologies and Bharat Electronics also managed to post modest gains of 0.86% and 0.77%, respectively.

These pockets of strength, however, were not enough to offset the broader market decline, which saw sectors like Auto, FMCG, and Consumer Durables all losing over 1%.

Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.

---

---

feedback