Sensex today | Stock Market Live: Sensex drops 442 pts to end at 77,708, Nifty closes below 24,240; Axis Bank, HDFC Bank fall most
The BSE Sensex dropped 442.93 points to close at 77,708.52, while the Nifty 50 fell 95.80 points to 24,238.50, driven by significant declines in private lenders like Axis Bank and HDFC Bank. Axis Bank fell 5.69% after quarterly earnings raised concerns over net interest margins, contributing to the overall market decline. Despite the losses in major banks, small-cap and mid-cap stocks showed slight gains, indicating mixed market sentiment.