Inventory market crash: The inventory market crashed throughout the buying and selling session on Monday, January 13, 2025, and closed deep into the pink, with actual property, media, IT, and telecom shares falling probably the most.
Inventory market crash: Folks stroll close to the facade of BSE constructing in Mumbai.(PTI)
The benchmark BSE Sensex closed 1,048.90 factors or 1.36% down into the pink, reaching 76,330.01.
The broader NSE Nifty closed 345.55 factors or 1.47% down within the pink, reaching 23,085.95.
Additionally Learn: Minimal EPS pension hike to ₹7,500 could also be thought of in Union finances 2025: Report
All of this additionally comes at a time when the rupee fell to its report low of 86.62 to the greenback as we speak, which was additionally its steepest single-day fall in shut to 2 years.
Why did the rupee fall a lot?
The rupee fell because of the greenback strengthening because of better-than-expected employment information within the US, together with international traders offloading a report ₹2,254.68 crore value of equities on Friday and rising crude oil costs.
Additionally Learn: Foxconn stops sending Chinese language staff to India iPhone factories: Report
Which shares fell probably the most?
Among the many 30 Sensex shares, Zomato Ltd fell probably the most by 6.52%, closing at ₹227.15. This was adopted by Energy Grid Company of India Ltd, which fell 4.09%, closing at ₹287.55, and Adani Ports and Particular Financial Zone Ltd which fell 4.08%, closing at ₹1,066.75.
Solely 4 Sensex shares closed within the inexperienced. These embrace Axis Financial institution Ltd which closed 0.78% greater at ₹1,048.95, Tata Consultancy Companies Ltd which closed 0.62% greater at ₹4,291.80, Hindustan Unilever Ltd which closed 0.45% greater at ₹2,453, and IndusInd Financial institution Ltd, which closed 0.41% greater at ₹941.45.
Additionally Learn: Massive 4 companies urge workers to restrict work journey, use public transport: Report
How did particular person sectors carry out?
Among the many Nifty sectoral indices, Nifty Realty fell probably the most by 6.47%, closing at 901, adopted by Nifty Media which fell 4.54%, reaching 1,664.50, and Nifty Midsmall IT & Telecom which fell 4.20% reaching 10,211.85.
All of the sectoral indices have been within the pink.