Markets snap two-session rally; Sensex drops 400 pts

September 11, 2024 16:02

Equity benchmark indices Sensex and Nifty declined on Wednesday after two days of gains, tracking heavy selling pressure in index majors Tata Motors and Reliance Industries amid weak trends in Asian markets. In a volatile trade, the 30-share BSE Sensex dropped 398.13 points or 0.49 per cent to settle at 81,523.16.

During the day, it tanked 498.15 points or 0.60 per cent to 81,423.14. The NSE Nifty declined 122.65 points or 0.49 per cent to 24,918.45. Among the 30 Sensex firms, Tata Motors was the biggest loser, tumbling nearly 6 per cent, followed by NTPC, Adani Ports, Larsen & Toubro, State Bank of India, JSW Steel, Mahindra & Mahindra, IndusInd Bank and Titan. In contrast, Asian Paints, Bajaj Finance, Hindustan Unilever and Bajaj Finserv were among the gainers.

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