Share Market Today: India’s benchmark indices, Sensex and Nifty 50, settled down in red on Thursday, December 19, 2024. The Sensex (index with top 30 firms) tumbled by 964.15 points to settle at 79,218.05 level. Nifty50 (index with top 50 firms) declined by 247.15 points to settle at 23,951.70 points. This decline follows the US Federal Reserve decision to cut its benchmark interest rate by 0.25% to a range of 4.25-4.50%. Notably, the Sensex tumbled by over 1,000 points to reach 79,020.08 pts during the day’s trade.
Experts had earlier predicted that Indian stock markets (Sensex and Nifty) trade lower today, affecting by global cues after the US Fed’s rate cut. Meanwhile, Asian markets too fell on Thursday, following Wall Street’s sharp decline. Furthermore, Japan’s Nikkei experienced the fall of 1.4%, Topix dropped 1.27%, South Korea’s Kospi declined 1.84%, and Australia’s ASX200 tumbled 1.91%.
Additionally, Wall Street too suffered a significant decline, with the Dow Jones tumbling 2.58% in its worst 10-day losing streak in over 40 years. Moreover, the S&P 500 too dropped 2.95% and the Nasdaq declined 3.56%.
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Share Market Today: Stocks In Focus
Based on BSE data, here’s a snapshot of how key stocks performed in Thursday’s trading session.
| Company | Price Change | Closing Price (Rs) |
|---|---|---|
| ICICI Bank | 1.83% Down | 1,289.50 |
| Tata Motors | 1.51% Down | 744.30 |
| TCS (Tata Consultancy Services) | 1.76% Down | 4,271.50 |
| Reliance Industries (RIL) | 1.79% Down | 1,230.60 |
| JSW Steel | 2.33% Down | 925 |
| HCL Technologies | 1.16% Down | 1,936.50 |
| Tech Mahindra | 1.31% Down | 1,755 |
| Adani Ports | 0.35% Down | 1,205.80 |
| ITC | 0.91% Down | 466.35 |
| Bajaj Finance | 2.25% Down | 6,914 |
On Thursday, 27 of 30 Sensex constituents ended in the red, while only 3 closed in the green territory.
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