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Anish Rai

28th Sep · SEBI Registration INH000026460

Closing Bell: Sensex Sinks 1,124 Points, Nifty Below 22,800

Indian benchmark indices witnessed heavy selling pressure on September 28, ending the session sharply lower. The Sensex tumbled 1,124.02 points, or 1.52%, to 72,771.72, while the Nifty declined 360.25 points, or 1.56%, to 22,780.25. Among the major Nifty laggards were Jio Financial,

TMPV
, Tata Consumer Products, Adani Enterprises and Adani Ports. Dr. Reddy’s Laboratories and Infosys were among the notable gainers. The sell-off remained broad-based, with all sectoral indices closing in negative territory. The PSU Bank index dropped around 3%, while Telecom slipped nearly 2%. Energy, Infrastructure, FMCG, Realty, Private Banks, Metals and Oil & Gas sectors each declined by more than 1%. Broader markets also came under pressure, with the Nifty Midcap index falling 1.7% and the Smallcap index sliding 1.8%, reflecting widespread risk aversion across the market. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

#Pre-OpeningCommentary#StockInNews
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