Business

Sensex Sheds 495 Points, Nifty Settles Below 24,750

Benchmark equity indices, the BSE Sensex and NSE Nifty50, closed lower on Thursday, reflecting a downturn amid the expiry of Nifty50 contracts and following trends seen in Asian markets. The BSE Sensex dropped by 494.75 points, or 0.61%, finishing at 81,006.61. Similarly, the NSE Nifty50 closed at 24,749.85, down 221.45 points, or 0.89%.

Market sentiment was bearish, with 41 out of the 50 Nifty50 constituent stocks finishing in the red. Notable declines were observed in Bajaj Auto, Shriram Finance, Nestle India, Mahindra & Mahindra, and Hero MotoCorp, with losses reaching as high as 13.11%.

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