On Tuesday, Indian equity benchmark indices SENSEX and NIFTY closed in the negative territory. The SENSEX shed 105 points to 80,004, while the NIFTY fell by 0.11% to 24,194. Among the top losers in the NIFTY50 space were Adani Enterprises, Adani Ports, UltraTech Cement, Bajaj Auto, and Sun Pharma. The decline in these stocks contributed to the decline in the overall indices. The fall in the indices can be attributed to various factors, including market volatility, economic uncertainty, and changes in investor sentiment. Despite the decline, market experts believe that the Indian stock market is likely to be driven by domestic growth stories, with sectors such as real estate, infrastructure, and healthcare expected to perform well in the long term. However, in the short term, the market is likely to remain volatile, leading to fluctuations in index levels.
The Sensex has risen above the 80,000 mark, while NIFTY has declined by 0.1%.
