Stock market today: Sensex, Nifty trade lower in opening session

Mar14,2024



New Delhi: equity benchmark index, bse sensex and nifty50 were Business less in opening session on Thursday. In early trade, Sensex was down 264.7 points at 72,497.19 and Nifty was down 80.2 points at 21,917.50.
Both indian benchmark stock The indices declined during trading on Wednesday. BSE India's benchmark stock index, Sensex, experienced drop It fell over 1,100 points to below the 73,000 level, while the Nifty50 fell below 22,000 points.
At the end of the day's trading, Sensex closed at 72,761.89, down by over 900 points or 1.23% and Nifty 50 closed at 21,997.70, down by over 330 points or 1.51%.
The smallcap index fell 5%, its worst one-day fall since December 2022. Midcaps fell by 4%, while microcap and SME stock indices witnessed a decline of around 6%.
Wednesday was the worst day for investors since Covid in terms of asset declines. At the end of the session the market cap of BSE was Rs 378.7 lakh crore.
Investors' wealth worth Rs 13.9 lakh crore was wiped out in the form of loss in market capitalization of BSE due to the day's selling.
While Sensex recorded the second-biggest loss in market capitalisation, Adani shares saw the group's biggest single-session asset decline of Rs 1.1 lakh crore.



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