MARKET UPDATE: Sensex down 743 points at 59,241 levels while Nifty at 17,676-mark, down 180 points


Published On: Friday, October 29, 2021 | By:

MARKET UPDATE: Sensex down 743 points at 59,241 levels while  Nifty at 17,676-mark, down 180 points

The Indian benchmark indices extended yesterday's decline today(29th Oct.2021) as well with the frontline S&P BSE Sensex sliding 743 points at 59,241 levels, while the Nifty50 at 17,676-mark, down 180 points. Only 2 constituents, Tata Steel and Asian Paints were trading in the green on the Sensex, while Bajaj Finserv, NTPC, IndusInd Bank, and L&T fewere leading the list of losers. In the broader markets, the BSE MidCap and SmallCap declined 1.5 percent and 1.8 percent, respectively. Dalal Street is witnessing an across-the-board sell-off with banks being the worst lot. The Nifty PSU Bank index is down 2.6 percent while the Nifty Bank index is trading over 2 percent lower. All other key sectoral indices were down up to 1 percent.

Among individual stocks, shares of IRCTC dropped 10 percent after the Railway Minister asked the company to share 50 percent of the convenience fee on train tickets with the ministry.

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