Stock Market Highlights today, August 5, 2024: Equity benchmark indices, BSE Sensex and the NSE Nifty, fell sharply to end in red in tandem with losses among global peers. At close, the Sensex was at 78,768.42, down as much as 2,222 points or 2.74 per cent. The index plunged nearly 3 per cent to hit the day’s low of 78,588 on Monday.
The fear index, India VIX, ended at a record high of 20.37 points, up 42.23 per cent, indicating massive volatility in the markets.
Bears took over as 45 out of the 50 listed stocks on Nifty50 posted a negative closing, with Tata Motors, ONGC, Adani Ports, Tata Steel, and Hindalco being the top laggards, each falling over 7 per cent.
The broader indices settled in red, with Smallcap and Midcap being the worst hit, falling over 4 per cent.
The sectoral indices also faced mayhem, ending in red with losses in Auto, Metal, IT, and Banking sectors of up to 4.85 per cent.
