Inventory market crash: The inventory market tumbled down into the crimson in the course of the early buying and selling hours of Tuesday, January 21. At 10:40am, the benchmark BSE Sensex was down by 648.90 factors or 0.84%, reaching 76,424.54.
Inventory market crash: Folks stroll previous the Bombay Inventory Change (BSE) constructing in Mumbai, India, March 9, 2020(Francis Mascarenhas/Reuters)
In the meantime, the broader NSE Nifty was down by 149.15 factors or 0.64%, reaching 23,195.60.
Additionally Learn: Groww’s dad or mum firm Billionbrains Storage Ventures eyes ₹6,500 crore IPO this 12 months: Report
The market had nevertheless, opened on an optimistic observe into the inexperienced.
Which shares fell and rose essentially the most?
Among the many 30 Sensex shares, Zomato Ltd fell essentially the most by an enormous 10.98%, buying and selling at ₹214.50. This was adopted by Adani Ports and Particular Financial Zone which fell 1.96%, buying and selling at ₹1,126.55, and Reliance Industries ltd which fell 1.71%, buying and selling at ₹1,282.65.
Additionally Learn: X and Bluesky launch new video feeds amid TikTok’s unsure future
Zomato had simply launched its third quarter monetary outcomes for the monetary 12 months 2024-25 yesterday. It reported a 57% fall in internet revenue regardless of its revenues rising 64%, on account of mounting bills.
Solely 3 out of the 30 Sensex shares had been within the inexperienced.
These had been UltraTech Cement Ltd which rose 0.84%, buying and selling at ₹10713.90, ITC Ltd which was up 0.51%, buying and selling at ₹440.00, and HCL Applied sciences Ltd which was up 0.50%, buying and selling at ₹1,804.80.
Additionally Learn: Donald Trump’s meme coin soars on his first day in workplace, lifts up different cryptocurrencies
Which sectors fell essentially the most?
Among the many Nifty Sectoral Indices, Nifty Client Durables fell essentially the most by 3.38%, reaching 38,384.40. This was adopted by Nifty Realty which fell 2.67%, reaching 920.10, and Nifty Midsmall Monetary Companies which fell by 2.05%, reaching 15,292.30.