Sensex Slips 347 Points, Nifty Below 24,310

Stock Market Live Updates: Sensex Slips 330 Points; Nifty50 Below 24,350; Nalco Tanks 6%, Welspun Living Zooms 10%

NDTV Profit reports that the Sensex fell 347 points (0.43%) to 77,735, while the Nifty dropped 89.75 points (0.37%) to 24,306.10. Nalco tanked 6%, while Welspun Living zoomed 10%.

The Story in Brief

NDTV Profit reports that the Sensex fell 347 points (0.43%) to 77,735, while the Nifty dropped 89.75 points (0.37%) to 24,306.10. Nalco tanked 6%, while Welspun Living zoomed 10%.

The broader market also saw losses, with selling pressure across sectors. Analysts attributed the decline to global cues and profit-booking after recent gains.

The Indian Opinion

The usual chorus that this is just 'profit-booking' or 'global spillover' ignores that domestic retail participation has been driving the rally, and a single day’s dip does not confirm a trend. Watch whether the Nifty holds 24,000 in the next two sessions, that number will separate a healthy correction from a deeper slide.


Source: ndtvprofit.com

This story was synthesised by AI from the source linked above.

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