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29th Jun · SEBI-Registered Analyst

Today Stock Market Highlights: Sensex Slides 372 Points, Nifty Ends Below 23,950; $ADANIENT & $M&M Decline Over 2%

Synopsis Today Stock Market Highlights: Indian benchmark indices ended sharply lower on Monday, snapping their two-session winning streak. The Sensex fell 372 points, while the Nifty 50 closed below the 23,950 mark, as renewed geopolitical tensions in the Middle East and escalating conflict involving Iran and the US dampened investor sentiment. Broader markets also witnessed broad-based selling pressure, with the Nifty Midcap 100 and Nifty Smallcap 100 indices declining by up to 0.6%. On the sectoral front, the Nifty Auto index emerged as the biggest laggard, plunging over 2%, whereas the Nifty Pharma index bucked the trend, advancing more than 1%. Market breadth remained negative, with nearly 2,036 stocks declining, 1,330 advancing, and 104 stocks remaining unchanged on the NSE, reflecting widespread weakness across the broader market. Investment in securities market are subject to market risks. Read all the related documents carefully before investing

#MacroViews#Post-ClosingCommentary#Miscellaneous#StockInNews
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