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Stock market falls after last week's rally: Sensex, Nifty, dragged by auto, IT, media

The benchmark BSE Sensex and the broader NSE Nifty both fell as media stocks were down 0.67%, auto stocks were down 0.52%, and IT stocks were down 0.51%

Published on: Dec 30, 2024, 09:47:23 IST
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The stock market opened in the red as trading for the week began on Monday, December 30, 2024, dragged primarily by media, auto, and IT stocks, in sharp contrast to the rally seen towards the end of last week.

A screen displays stock numbers outside the Bombay Stock Exchange (BSE) building in Mumbai. (PTI)
A screen displays stock numbers outside the Bombay Stock Exchange (BSE) building in Mumbai. (PTI)

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At 9:30 am IST, the benchmark BSE Sensex was down by 175.82 points or 0.22%, reaching 78,523.25.

Meanwhile, the broader NSE Nifty was down by 49.70 points or 0.21%, reaching 23,763.70.

Which stocks fell the most?

Among the 30 Sensex stocks, Mahindra & Mahindra Ltd, fell the most by 0.77%, trading at 3,026.60. This was followed by Infosys Ltd, which was down 0.73%, trading at 1,902.50 and Titan Company Ltd, which fell by 0.71%, trading at 3,287.

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Which sectors fell the most?

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How did the stock market perform the previous time?

This comes after the stock market closed well into the green after last week's trading session ended on Friday, December 27, 2024.

The Sensex closed at 78,699.07, which was a gain of 226.59 points or 0.29%, while the Nifty closed at 23,813.40, which was a gain of 63.20 points or 0.27%.

 
ABOUT THE AUTHOR
Abhyjith K. Ashokan

Deeply passionate about writing, Abhyjith works as a business journalist covering corporates, markets, the economy, and policy - forces that in many ways, shape the world and pave the path for intriguing storytelling. For him, breaking news is a high that only gets matched by the adventures of the open road; both of which he deems essential to what matters at the end of the day. The story.

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Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
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