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Nifty drops below 24,400 after three months

August 09, 2025

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The Statesman Bhubaneswar

At close, the Sensex was down 765.47 pts at 79,857.79, and the Nifty was down 232.85 pts at 24,363.30

- STATESMAN NEWS SERVICE

At the stock market, the bears came back strongly dragging Nifty below 24,400.

The drag was witnessed amid selling across the sectors and rising concern over fresh tariff from US.

Nifty fell below 24,400 for the first time since 7 May, 2025.

At close, the Sensex was down 765.47 points or 0.95 per cent at 79,857.79, and the Nifty was down 232.85 points or 0.95 per cent at 24,363.30.

BSE Midcap index fell 1.5 per cent and smallcap index shed 1 per cent.

The overall market capitalisation of BSE-listed firms dropped to Rs 440 lakh crore from Rs 445 lakh crore in the previous session.

Among the sectors, each index ended with losses.

Nifty Realty, Consumer Durables and Metal indices falling up to 2 per cent.

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