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Market volatility surges as economic survey predicts conservative growth
The Business Guardian
|July 23, 2024
The Indian stock market experienced significant volatility on Monday, July 22, 2024, as the Economic Survey presented a conservative economic growth forecast for the Financial Year 2024-25.
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The benchmark indices, NSE Nifty 50 and BSE Sensex, faced selling pressure, resulting in a marginal dip.
The NSE Nifty 50 index declined by 21.65 points to close at 24,509 points, while the BSE Sensex fell by 102 points to close at 80,502 points. The sector-wise performance was mixed, with Nifty Realty, Nifty Consumer Durables, and Nifty Private Bank recording losses. On the other hand, Nifty PSU Bank and Nifty Pharma led the gains.
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