Sensex: The BSE Sensex closed at 73,400, declining by 845 points or 1.14%.
Nifty 50: The NSE Nifty ended at 22,273, down by 247 points or 1.1%.
Both indices witnessed significant losses due to escalating geopolitical tensions in the Middle East, particularly between Iran and Israel, which dampened investor sentiment.
Sector Performance
Top Losers: The IT and banking sectors were the major contributors to the market decline, with stocks like Wipro, ICICI Bank, and Bajaj Finserv witnessing substantial losses.
Top Gainers: In contrast, the oil and gas sector showed resilience, with companies such as ONGC and Hindalco Industries recording gains.
Market Outlook
Analysts suggest that the market may continue to experience volatility due to ongoing geopolitical uncertainties. Investors are advised to exercise caution and consider sector-specific developments before making investment decisions.
For real-time updates and detailed information, you can visit the official websites of NSE India and BSE India.
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