Sensex, Nifty Decline 1% Each; Banks, FMCG Top Losers; SBI Jumps 3%

The Indian stock market ended deep in the red, down 1 percent on February 8, 2024. At close, Sensex was down 723.57 points at 71,428.43 while Nifty declined 212.55 points and ended the session at 21,717.95.

Around 1057 stocks advanced and 1512 stocks declined while 88 stocks remained unchanged.

Among sectors, auto, bank, realty, capital goods, and FMCG shed 0.6-2 percent each, while oil & gas, power, Information Technology, and PSU Bank index added 0.3-2 percent each.

Top Nifty50 Gainers

Top Nifty50 Losers

Asian markets end up mixed

Asian markets ended on a mixed note on February 8. Japan’s Nikkei jumped 2 percent while Kospi added 0.41 percent at 2,620. Hang Seng shed 1.28 percent at 15,878.07.

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European markets trade higher

Major European markets were trading in the green with FTSE up 0.2 percent at 7,644.09 while CAC added 0.61 percent at 7,657.55. German DAX gained 0.17 percent at 16,950.19.

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