{"id":51893,"date":"2024-10-22T10:32:06","date_gmt":"2024-10-22T10:32:06","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/10\/22\/sensex-plunges-930-points-nifty-dips-below-24500\/"},"modified":"2024-10-22T10:32:06","modified_gmt":"2024-10-22T10:32:06","slug":"sensex-plunges-930-points-nifty-dips-below-24500","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/10\/22\/sensex-plunges-930-points-nifty-dips-below-24500\/","title":{"rendered":"Sensex Plunges 930 Points; Nifty Dips Below 24,500"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares tumbled on Tuesday, with sentiment dented by weak September quarter earnings, stretched valuations and heavy selling by foreign investors. <\/p>\n<p>Weak global cues also weighed on <span class=\"landLinks\">markets<\/span> as traders grappled with heightened tensions in the Middle East and uncertainty over the U.S. election outcome that&#8217;s less than two weeks away.<\/p>\n<p>The benchmark S&amp;P\/BSE Sensex plummeted 930.55 points, or 1.15 percent, to 80,220.72 while the broader NSE Nifty index closed at 24,472.10, down 309 points, or 1.25 percent, from its previous close. <\/p>\n<p>The mid-cap and small-cap indexes on the BSE ended down 2.5 percent and 3.8 percent, respectively. <\/p>\n<p>SBI, Adani Enterprises, Coal India, Mahindra &amp; Mahindra and BEL slumped 3-4 percent in the Nifty pack while ICICI Bank rose 0.7 percent. Shares of Infosys and Nestle India ended little changed with a positive bias. <\/p>\n<p>Shares of Hyundai Motor India, the country&#8217;s second-largest carmaker, declined 4.6 percent on debut. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Sensex Plunges 930 Points; Nifty Dips Below 24,500<\/a><br \/>\n<br \/>2024-10-22 10:32:06<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares tumbled on Tuesday, with sentiment dented by weak September quarter earnings, stretched valuations and heavy selling by foreign investors. Weak global cues also weighed on markets as traders&#8230;<\/p>\n","protected":false},"author":2,"featured_media":51894,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":{"0":"post-51893","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-asian-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/51893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=51893"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/51893\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/51894"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=51893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=51893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=51893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}