As of 10:36 AM – 10:37 AM, key Indian stock market indices are witnessing notable intraday declines, retreating from their respective day highs. The Sensex leads the losses with a drop of 444 points, followed by significant corrections in Bank Nifty and Midcap Nifty.
Intraday Losses from Day Highs:
- Sensex
- Day High: 78,898.37
- Current Price: 78,454.08
- Loss: 444.29 points (-0.56%)
The index showed early strength but reversed as profit booking emerged across heavyweight stocks.
- Bank Nifty
- Day High: 51,740.00
- Current Price: 51,228.40
- Loss: 511.60 points (-0.99%)
Banking stocks faced selling pressure, dragging the index down.
- Midcap Nifty
- Day High: 12,805.70
- Current Price: 12,704.45
- Loss: 101.25 points (-0.79%)
The midcap segment also recorded profit-taking after hitting the day’s high.
- Nifty
- Day High: 23,854.50
- Current Price: 23,736.85
- Loss: 117.65 points (-0.49%)
Broader market sentiment mirrored the weakness seen in frontline indices.
Market Sentiment:
The markets appear to be experiencing profit booking amid cautious investor sentiment, with key sectors like banking and midcaps showing early gains but failing to sustain them. Traders are closely monitoring global cues and upcoming economic data for further direction.
Disclaimer: This article is for informational purposes only. Please consult a certified financial advisor before making any trading or investment decisions.
