Stock market today: The Indian stock market ended with significant losses on Wednesday, September 24, tracking weak global cues.
The Sensex closed the day at 81,715.63, down 386 points, or 0.47 per cent, while the Nifty 50 settled at 25,056.90, down 113 points, or 0.45 per cent. Thus, the benchmarks extended their losing run to the fourth consecutive session.
The BSE Midcap and Smallcap indices fell 0.85 per cent and 0.50 per cent, respectively.
Investors lost nearly ₹3 lakh crore in a single session as the overall market capitalisation of BSE-listed firms dropped to nearly ₹460.6 lakh crore from ₹463.6 lakh crore in the previous session.
Indian stock market: 10 key highlights from the day
1. Why did the Indian stock market fall today?
Weak global cues, the dollar’s rise, and persisting concerns over valuations, FII selling and Trump’s tariffs kept the market down for the fourth consecutive session.
Major European markets, including the UK’s FTSE, France’s CAC 40, and Germany’s DAX, traded in the red when the Sensex ended amid a rise in the US dollar after the US Federal Reserve Chair Jerome Powell’s mixed signals on rate cuts on Tuesday.
(This is a developing story. Please check back for fresh updates.)
Read all market-related news here
Read more stories by Nishant Kumar
Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
