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EQUITY BENCHMARKS SENSEX & N.I.F.T.Y. CLOSE WITH DEEP CUTS TODAY

NEW DELHI, August 2, 2024 (TBINN)

Equity benchmarks Sensex and N.I.F.T.Y halted their five-day rally to close with deep cuts today in line with a global sell-off as investors dialled back risk exposure in metal, auto and I.T. stocks after weak U.S. job data.

Amid widespread selling pressure, the 30-share B.S.E. Sensex plunged 885.60 points or 1.08 per cent to close at 80,981.95. During the day, it nosedived 998.64 points or 1.21 per cent to hit an intra-day low of 80,868.91.

The broader Nifty of N.S.E. slipped 293.20 points or 1.17 per cent to end at 24,717.70. It fell 324.05 points or 1.29 per cent to 24,686.85 during the session.

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