By Priyanka Deshpande
CNBC-TV18.com
Published August 5, 2024
Market closes sharply lower tracking weak global markets, frontline indices down 3-4%
Market records biggest single-day fall since election results day of June 4
BSE-listed companies erase market cap of more than ₹15 lakh crore on Monday
Nifty breached 23,900 intra-day, makes a recovery to end above 24,000
All sectoral indices end in the red, metal, realty & media top losing indices
Nearly 600 companies on BSE hit lower circuit
Global-facing companies like Tata Motors, Motherson Sumi & Bharat Forge fall the most
Most FMCG stocks see gains in a weak market, HUL, Nestle & Dabur top gainers
Metal stocks come under selling pressure with most sectoral stocks falling 4-8%
Stocks react sharply to weak earnings, LIC Housing Finance falls up to 10%
Crude slipping to 6-month lows weighs on upstream oil companies, ONGC falls 6%