Stock market today: Market benchmarks, the Sensex and the Nifty 50, extended losses for the second consecutive session on Tuesday, 30 June, on losses led by IT heavyweights, including Infosys, TCS, and HCL Tech.
The Sensex ended 250 points, or 0.33%, lower at 76,478.67, while the Nifty 50 dropped 81 points, or 0.34%, to settle at 23,865.75. Over the last two sessions, the 30-share pack and its NSE counterpart have shed 0.80% each.
While the benchmarks saw profit-taking, the mid- and small-cap segments saw healthy buying on Tuesday. The Nifty Midcap 100 index climbed 0.37%, while the Smallcap 100 index jumped 1.02%.
Thanks to gains in broader markets, investors earned about ₹1 lakh crore in a single session as the overall market capitalisation of BSE-listed firms rose to nearly ₹474.6 lakh crore on Tuesday from ₹473.7 lakh crore in the previous session.
Why did the Sensex and the Nifty 50 fall today?
Frontline indices ended lower due to losses in heavyweight sectors like banking, IT, and FMCG. Infosys, ICICI Bank, TCS, Reliance, SBI, and ITC ended as the top drags on the Sensex index.
(This is a developing story. Please check back for fresh updates.)
