Stock Market LIVE Updates: GIFT Nifty indicates a firm opening; US markets gain
Market on Friday | Nifty breaks 24,400 first time since May 7
Bears came back strongly on August 8 dragging Nifty below 24,400 for the first time since May 7, 2025, amid selling across the sectors and rising concern over fresh tariff from US.
At close, the Sensex was down 765.47 points or 0.95 percent at 79,857.79, and the Nifty was down 232.85 points or 0.95 percent at 24,363.30. BSE Midcap index fell 1.5 percent and smallcap index shed 1 percent.
For the week BSE Sensex and Nifty down nearly a percent each. Both indices were down for 6th week in a row, a longest losing streak in 5 years.
Biggest Nifty losers included Adani Enterprises, Bharti Airtel, Shriram Finance, IndusInd Bank, M&M, while gainers were Titan Company, NTPC, Dr Reddy’s Labs, HDFC Life, Bajaj Finserv.
All the sectoral indices ended in the red with metal, realty, pharma, auto, private bank, consumer durables down 1-2 percent.