Sensex fell over 600 points, Nifty below 24,600; PSU banks hit hard, market sentiment cautious.

From Google: 2024-10-22 03:59:48

The Sensex fell over 600 points today, with Nifty breaking below 24,600. PSU Bank stocks were hit hard, though tech and FMCG stocks managed to stay resilient. The market saw a sharp decline as investors reacted to global cues and rising COVID-19 cases in India. Analysts attribute the fall to profit booking and caution ahead of the Budget presentation. The banking sector took a major hit, with State Bank of India, ICICI Bank, and Axis Bank among the top losers. Overall, market sentiment remains cautious amid uncertainties. Stay tuned for more updates on the stock market.



Read more at Google: Sensex Today | Stock Market LIVE Updates: Sensex falls over 600 pts, Nifty breaks below 24,600; PSU Bank,… – The Economic Times