Why Sensex fell 655 pts, Nifty below 24,200 ahead of Diwali Muhurat Trading

Quick Summary:

Indian bourses retreated heavily on Thursday, a day ahead of Diwali Muhurat Trading on November 1, with the BSE Sensex dropping 655 points or 0.81 per cent at 79,287.

Among sectoral trends, most sectors were trading in red except Nifty Pharma (up 1.69 per cent), Nifty Healthcare (up 1.64 per cent) and Nifty Media (up 0.70 per cent).

On the other hand, the volatility indicator -- India VIX, was up almost 2 per cent intraday.

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Category: BusinessFinance

Markets: IndiaAustraliaChinaHong KongJapanSouth Korea

Topics: Markets falling Market crash Stock market news Stock market crash Valuations Sensex Nifty Nse Markets fall Bse Stock market today Markets Stock market

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Published On: 2024-10-31 @ 15:20:36 (10 hours ago)

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News Source URL: business-standard.com

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