Sensex Falls 1,500 Points, Nifty Closes at 23,151 Amid Market VolatilityBusiness 

Sensex Falls 1,500 Points, Nifty Closes at 23,151 Amid Market Volatility


Muthoot Finance and IFCI among gainers as broader markets decline during March 13 trading session.

India’s benchmark stock indices ended sharply lower on March 13, reflecting continued volatility in the domestic equity market. The BSE Sensex declined by about 1,500 points during the session, while the Nifty 50 closed at 23,151, according to market data.

The decline followed selling pressure across several sectors, with market participants reacting to global economic concerns and fluctuations in commodity prices. Analysts said investors remained cautious amid ongoing geopolitical developments and movements in international energy markets.

Despite the broader market downturn, some stocks managed to record gains. Shares of Muthoot Finance and IFCI were among the notable gainers during the trading session.

Market observers said the sell-off affected multiple sectors including banking, information technology, and consumer stocks, contributing to the sharp fall in benchmark indices. Traders also noted that profit-booking after previous market gains may have added to the downward pressure.

Analysts say investor sentiment may remain sensitive to global economic developments, oil price movements, and domestic macroeconomic indicators in the coming sessions.

Also Read : CANADA OFFERS LNG SUPPLY TO INDIA AS IRAN–ISRAEL CONFLICT RAISES ENERGY CONCERNS

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