Stock market declines big, Sensex drops 500 points, Nifty below 25,000
The domestic stock market on Tuesday started with a major decline. The BSE Sensex was trading at the level of 81,666.64 with a major decline of 509.81 points at 9.22 am. In addition, NSE Nifty was also trading at the level of 24,858.50, down 142.65 points. The Nifty Bank was also at a level of 55,330.45, falling 241.55 points.
The sectoral index was mostly in red mark during early trade. The biggest decline came in the Nifty IT, which remained 1 percent below. After this, the Nifty Private Bank and Nifty Bank fell by 0.7 percent. Nifty FMCG, PSU Bank and Oil & Gas saw a slight decline of 0.5 percent.
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