Crypto Analyst Reacts: Sensex Plunges 600+ Points! Nifty at 22,419 ๐Ÿ“‰

Crypto Analyst Reacts: Sensex Plunges 600+ Points! Nifty at 22,419 ๐Ÿ“‰


Welcome to Your Daily Market Update! ๐Ÿ“ˆ๐Ÿ“‰

Are you ready to stay informed about the latest market trends and updates? Dive into the world of finance and investing with our daily podcast, ET MARKET WATCH. Letโ€™s explore the top highlights of the day together.

Market Highlights ๐ŸŒŸ

โ€“ Sensex fell by over 600 points, and Nifty was down by 150 points today
โ€“ Bajaj Financeโ€™s weak outlook impacted financials amid mixed global market cues
โ€“ Broader market indices outperformed benchmarks, with Sensex closing at 73,730 and Nifty at 22,419

Gainers and Losers

โ€“ **Top Gainers on Nifty**
โ€“ Tech Mahindra
โ€“ Diviโ€™s Labs
โ€“ LTIMindtree
โ€“ Bajaj Auto

โ€“ **Top Losers on Nifty**
โ€“ Bajaj Finance
โ€“ Bajaj Finserv
โ€“ IndusInd Bank
โ€“ Nestle India

Most Active Stocks in Terms of Volumes

โ€“ Tata Steel
โ€“ Kotak Mahindra Bank
โ€“ Tech Mahindra
โ€“ Power Grid
โ€“ SBI
โ€“ ITC
โ€“ ICICI Bank

Sectors & Global Markets ๐ŸŒ

โ€“ The IT index surged by approximately 0.3%
โ€“ Global stocks faced challenges towards the end of the month, with MSCIโ€™s global stocks index down by 3.3% in the month but rising by 0.17% on the day
โ€“ Futures markets suggested a potential Wall Street rally driven by strong tech earnings

Rupee Update ๐Ÿ’ฑ

โ€“ The Indian rupee saw minimal changes on Friday but marked a significant week-on-week increase, closing at 83.34 against the U.S. dollar

Hot Take ๐Ÿ”ฅ

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Author – Contributor at | Website

Cindy Dutta emerges as a polymath of the crypto realm, seamlessly blending the roles of analyst, researcher, and editorial virtuoso. Navigating the intricate labyrinth of cryptocurrencies, Cindy unfurls intricate patterns of digital assets, resonating harmoniously with minds of all kinds. Her knack for unraveling enigmatic crypto intricacies intertwines effortlessly with her editorial finesse, transmuting complexity into an immersive symphony of comprehension.