In a notable downturn today, the Bombay Stock Exchange (BSE) Sensex, comprising 30 major stocks, faced a significant decline. Succumbing to prevailing selling pressure, the index witnessed a substantial drop of 795.5 points, reaching a days low at 72,299 during Wednesday afternoon trading.As the clock approached 2 pm, the late trading hours of the day saw a notable decline in several key stocks, contributing to the downward trend of the benchmark Sensex. Power Grid Corporation took the lead among the losers with a 3.38% decrease in its shares, followed by Maruti Suzuki (2.67%), IndusInd Bank (2%), Mahindra & Mahindra (1.8%), and Reliance Industries (1.7%).Despite the overarching negative trend, a few companies managed to stay afloat in the green. Jindal Worldwide emerged as the top gainer, experiencing an impressive 13.56% increase in its share price. Following closely were Rainbow Childrens Medicare (7.95%), Ageis Logistics (6.52%), Dreamfolks Service (5.49%), and Hvaells India (4.47%).Summing up the days market activity, Dalal Street investors collectively incurred losses amounting to approximately ₹6 lakh crore. This downturn resulted in the overall market capitalization of all BSE-listed stocks falling to ₹386 lakh crore. The day marked a significant fluctuation in the financial landscape, with varying impacts on individual stocks amid the broader market decline.
