Stock Market Highlights - 6 September 2024: Sensex tanks 1,017 points to close at 81,183, Nifty drops nearly 300 points in global sell-off

Sensex, Nifty, Share Prices: The Indian stock markets witnessed a sharp decline on Friday, with the benchmark indices falling over 1 per cent amid weak global cues and broad-based selling pressure. The BSE Sensex plummeted 1,017.23 points or 1.24 per cent to close at 81,183.93, while the Nifty 50 dropped 292.95 points or 1.17 per cent to end at 24,852.15.

The day’s trading session began on a flat note, with the Sensex opening at 82,171.08 and the Nifty at 25,093.70. However, selling pressure intensified throughout the day, leading to significant losses across sectors.

Banking and energy stocks bore the brunt of the sell-off, with State Bank of India (SBI) emerging the top loser on the Nifty, plunging 4.26 per cent. Other major losers included BPCL (-2.34 per cent), ICICI Bank (-2.14 per cent), NTPC (-2.05 per cent), and HCL Tech (-2.04 per cent).

Only a handful of stocks managed to buck the trend, with Bajaj Finance leading the gainers, up 0.97 per cent. Asian Paints (0.87 per cent), JSW Steel (0.60 per cent), LTIMindtree (0.36 per cent), and Nestle India (0.20 per cent) were among the other top performers.