NEW DELHI: On Tuesday, many stocks in Mumbai dropped by more than 5% as the BSE Sensex fell by 395.49 points, reaching 76,677.95. This decline was mainly due to heavy selling of popular blue-chip stocks. The biggest losers on the BSE were Purple Entertainment (down 12.85%), Dixon Tech (down 10.36%), Newgen Software (down 10.31%), Omni Axs Software (down 10.10%), and Virgo Global (down 9.66%).
In the Nifty index, 20 stocks rose while 30 stocks fell. The Nifty index was down by 83.5 points at 23,261.25. On the BSE, some stocks hit new low records, including LWS Knitwear, Galaxy Agrico, Alliance Int., Noida Toll Bridge Company, and Thinkink Picturez. Meanwhile, KRN Heat Exchanger, Amal Ltd, P G Foils, Gujarat Hotels, and Bodhtree Consult reached new high records.
Massive Stock Losses Hit Mumbai Market: Key Players in Trouble!
“Discover the latest stock market news: major stocks drop over 5% in Mumbai trading as BSE Sensex plummets, highlighting market challenges faced by investors.”
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