Mid-day Top gainers & losers on NSE, BSE today 2nd Dec: Sensex falls over 440 pts, Nifty at 26,000 level, media & financials lead market fall

Market Slumps as Investors Lock in Gains Amid Global Uncertainties

India's equity benchmarks took a hit on Tuesday, with the market's recent record run coming to an abrupt end. Investors, wary of the global market's volatile nature, chose to lock in their gains, leading to a decline in stocks across various sectors.

Key Market Figures

• Sensex dropped 447 points from the previous close of 85,641.90 to 85,299.57
• Nifty 50 depreciated 135 points to 26,040.75 from the previous close of 26,175.75
• Midcap index dipped 0.15% while smallcap index dropped 0.53%

Sectoral Performance

• Media, Chemicals, Private Bank, Metal, and Realty traded in the negative territory
• PSU Bank and IT managed to trade with modest gains

Top Gainers and Losers

• Top gainers: Asian Paints, Dr Reddy’s Laboratories, NTPC, Jio Financial, and Maruti
• Major laggards: Interglobe Aviation, Bharat Electronics, HDFC Life, ICICI Bank, Eternal, and HDFC Bank

Market Breadth

• 3,058 stocks traded on the National Stock Exchange
• Only 1,004 advanced while 1,953 declined and 101 were unchanged

52-Week High and Low

• 40 stocks hit a 52-week high compared to 152 that slipped to a 52-week low
• 56 stocks locked in the upper circuit and 63 in the lower circuit

Midcap and Smallcap Movers

• Midcap segment sees Union Bank, Vofadone Idea, Ashok Leyland, SBI Cards, and Glenmark soar 2-3%
• Smallcap stocks Natco Pharma, Wockhardt, Gland Pharma, Angel One, and Whirlpool gain 1.5-3% while Garden Reach, GE Ship, Manappuram, and Zensar Tech decline 2-4%