Stock Market Updates: Sensex, Nifty Tumble Amid Profit Booking


by Sandip Das on 20 December 2023,  3 min read

Stock Market Updates - MyDhanush by Ashika

After hitting life-time highs intraday on December 20, 2023, bears took control on Dalal Street. At close, Sensex tumbled 930 points while Nifty crashed 346 points and closed at 21,106 level.

The market witnessed strong profit booking with all sectors closing in the red.

The top sectoral losers included PSU Bank, Metals and Media which dived over 4 percent followed by Auto, Realty and IT which declined over 2 percent each.

Top Nifty50 Losers:
Company Name Last Traded Price (Rs) % Change
Adani Ports 1007 6.24
Adani Enterprises 2775 5.65
Tata Steel 128.85 4.84
UPL 570.10 4.78
Coal India 351.75 4.14
Source: NSE
Asian Markets End Higher:

Asia markets rose December 20, with Japan stocks extending gains to another session. This comes after the country’s central bank left its ultra-loose monetary policy unchanged at its final meeting this year.

At close, Nikkei added 1.36 percent at 33,675.94 mark followed by Kospi which gained 1.75 percent and closed the session at 2,614.30 level.

Also Read: Top 2 stocks by Ashika Research which can return up to 19%
European Markets Mixed:

European markets were mixed on December 20 as investors digested fresh inflation data following positive trade in the previous session. FTSE added 0.71 percent at 7,692.16 mark while DAX was marginally down by 0.03 percent at 16,739.09. CAC was trading at 7,574.28 mark.

Disclaimer: The information provided in this blog post is for informational purposes only and should not be construed as investment or trading advice. The author is not a financial advisor and does not have any professional qualifications in this area. The author does not guarantee the accuracy or completeness of the information provided. Any action you take based on the information in this blog post is done at your own risk. Please consult with a financial advisor before making any investment decisions.

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