The Indian stock market experienced a significant decline on Friday, with the Sensex dropping over 600 points and Nifty more than 200 points, resulting in a market capitalization loss of over 3.35 lakh crore rupees.
On Friday, the Indian stock market saw a notable downturn, with a substantial drop in both the Sensex and Nifty indices. The Sensex fell by over 600 points, trading below 81,700, while the Nifty plummeted by over 200 points, going down to below 25,300. In the banking sector, Nifty Bank faced a decline of nearly 500 points. This drop resulted in a loss of more than 3.35 lakh crore rupees in the BSE market capitalization. Out of the top 30 stocks listed on the BSE, only six showed some gains, whereas 24 witnessed declines, with Airtel, IndiGo, and Maruti suffering losses of over 2 percent each.
