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Stock market witnesses fall, investors lose nearly Rs 8 lakh cr in single session

New Delhi, Jan 8 (UNI) The stock market witnessed fall on Thursday as bears tightened their grip leading to the indices extending losses for the fourth consecutive session. At close, the Sensex was down 780.18 points or 0.92% at 84,180.96, and the Nifty was down 263.90 points or 1.01% at 25,876.85. The BSE Midcap and Smallcap indices crashed 2% each leading to investors losing about Rs 8 lakh crore in a single session.

Central India's Premier English Daily

Central India's Premier English Daily

Credit: Centralchronicle

Key Highlights

  • The overall market capitalisation of BSE-listed firms dropped to below Rs 472 lakh crore from nearly Rs 480 lakh crore in the previous session.
  • Among the sectors, all the indices ended with losses.
  • Among the key ones, Nifty Metal was down 3.40%, Oil and Gas down by 2.84%, PSU Bank down by 2.08%, and IT was down 2%.
  • Nifty Bank fell 0.51% to 59,686.50, while the financial services index dropped 0.65%.
  • On Nifty, only four stocks ended in the green.
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Sources

  1. Stock market witnesses fall, investors lose nearly Rs 8 lakh cr in single session

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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