Sensex Today | Stock Market LIVE Updates: Nifty falls towards 25,000; Nestle, Trent, Shriram fin among losers

HomeMarket NewsSensex Today | Stock Market LIVE Updates: Nifty falls towards 25,000; Nestle, Trent, Shriram fin among losers

Sensex Today | Stock Market LIVE Updates: After finding a path to recovery, the Indian markets slumped on Thursday. The Nifty index is now on the verge of falling below the 25,000 mark yet again. The Sensex is also down nearly 600 points.

The shares of Nifty IT and Nifty Bank are some of the biggest losers, as the tech index and the constituent stocks are trading with deep cuts, with the Nifty IT index falling by over 1%.

IEX, owing to market coupling norms, has fallen a colossal 23%, hitting the lower circuit twice. In addition, midcap IT stocks like Coforge and Persistent are trading with a decline of over 7%.

When we look at the larger markets, the Nifty Midcap and Nifty Smallcap indices are trading with a decline of around 1%.

Some gainers in the BSE smallcap realm include Force Motors, Senores, Thyrocare, Mukand shares surged on Thursday.

There are negative developments with regard to Karur Vysya's bonus issue, and Bajaj Consumer's share buyback, among other key developments today. 25,250 will now be the first hurdle to cross for the index, while 25,000 remains a firm base.

Watch this space for all the live updates.