Market Closing: The Indian equities indices fell substantially on Thursday as a result of Russia's invasion on Ukraine. After Ukraine's President Vladimir Putin authorised a "special military action," Russian soldiers launched missiles against various locations in the country. The benchmark BSE Sensex fell 2,702 points, or 4.72 percent, to 54,530, while the broader NSE Nifty dropped 815 points, or 4.78 percent, to 16,248. Both indices have now dropped for the sixth consecutive session, marking their worst run since March 2020.
The market capitalization of BSE-listed businesses fell to Rs. 242 lakh crore today, down from Rs. 255 lakh crore on Wednesday, resulting in a loss of Rs. 13.57 lakh crore for investors.
The National Stock Exchange's 15 sector indices were all in the red at the end of the day. Nifty PSU Bank and Nifty Auto also underperformed the index, falling by as high as 8.26 percent and 6.26 percent, respectively.
On a stock-by-stock basis, Tata Motors was the highest Nifty loser, down 10.71 percent to Rs. 425.90. Among the laggards were IndusInd Bank, UPL, Grasim Industries, and JSW Steel. The overall market breadth on the BSE was modest, with 236 shares rising and 3,155 falling.
All Sensex constituents closed with significant losses, with IndusInd Bank, M&M, Bajaj Finance, Axis Bank, Tech Mahindra, and Maruti suffering the most, with losses of up to 7.8 percent.
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