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Stock Market: Sensex Opens In Red, Tumble More Than 590 Points In Early Trade

Sensex and Nifty tumbled to settle on Thursday, October 17, 2024. Sensex firms dropped 494.75 points to settle at 81,006.61 points. The Nifty50 index on NSE too ended with a drop.

Stock Market: India’s benchmark stock market indices Sensex and Nifty opens in red on Friday, October 18, 2024. The 30 Sensex firms in early trade tumbled 597.36 points to reach 80,409.25 levels, while, the Nifty50 was also trading in red to reach at 24,567.65 levels in early trade. According to several analysts, the reason behind the fall of Indian equity markets is the sell-off by foreign investors recently.

Among the Sensex pack, stocks like TCS, JSW Steel, Bharti Airtel, ICICI Bank etc were trading in green in early trade. However, Adani Ports, Sun Pharma, Reliance Industries, Infosys, Nestle India, Powergrid, Asian Paints and Indusind Bank were trailing among the Sensex pack stocks in the early trade on Friday.

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Sensex and Nifty tumbled to settle on Thursday, October 17, 2024. Sensex firms dropped 494.75 points to settle at 81,006.61 points. The Nifty50 index on NSE too ended with a drop. Nifty50 tumbled 221.45 points to settle down at 24,749.85 levels in Thursday trade.

Stock Market: Shares In Focus

Taking the data of BSE, here is how the major stocks are performing in early trades.
TCS (Tata Consultancy Services) – Trading in green.

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Tata Steel – Trading in green.

Tata Motors – Trading in green.

Reliance Industries (RIL) – Trading in red.

JSW Steel – Trading in green.

HCL Technologies – Trading in green.

Tech Mahindra – Trading in red.

Adani Ports – Trading in red.

ITC – Trading in red.

HDFC Bank – Trading in red.

(Note: This is the data from early trade on BSE, and it might change with time.)

Also Read: Adani Enterprises Secures $500 Million In Primary Equity To Fuel Growth Plans

HISTORY

Written By

Akshat Mittal


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