Stock Market
Market mayhem! Sensex tanks 500 points, Nifty slips under 25,600
Mumbai/IBNS: The Indian stock market had yet another dull day as Sensex plunged 500 points while NIFTY settled below 25,600 at the closing bell on Tuesday.
Sensex closed at 83,459.15 while NIFTY 50 fell 165.70 points to 25,597.65.
Among the biggest Nifty losers for the day were Tata Motors Passenger Vehicles, Bajaj Auto, Eternal et al.
Titan Company, Bharti Airtel, Bajaj Finance were among the top gainers.
BSE midcap index fell 0.2% while smallcap index plunged 0.5%.
Meanwhile, Bharti Airtel's shares prices rose to a record high on intraday trading after it produced its financial result for the second quarter (July-September) of FY2026 a day ago.
The share prices opened at Rs. 2,100, up by three percent while it touched the record-breaking 2,135.75 in a slow market. At the closing, it settled at 2,112.90.
A day ago, the telecom company unveiled its Q2FY26 results indicating a massive 89 percent Year-on-Year growth.
The company has also announced it will acquire upto 5 percent additional stakes in its subsidiary Indus Towers.
The announcement led the share prices of Indus Towers up by 4 percent to an intraday high of Rs. 396.95.
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